8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2002 | Week | 2001-2002 | 2002-2003 | 2001 | 2002 | ||||||||
Item | Mar. 31# | Apr. 19# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,825 | 3,43,816 | 10,716 | 3.2 | 1,203 | 0.4 | 5,991 | 1.8 | 26,844 | 9.7 | 39,302 | 12.9 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,833 | 2,60,834 | 923 | 0.4 | 10,504 | 4.8 | 10,001 | 4.0 | 22,320 | 10.8 | 32,126 | 14.0 |
(ii) | Bankers' deposits with RBI | 84,147 | 80,657 | 9,807 13.8 | –8,823 | –10.8 | –3,490 | –4.1 | 4,488 | 6.6 | 8,003 | 11.0 | |
(iii) | "Other" deposits with RBI | 2,845 | 2,325 | –15 | –477 | –520 | 36 | –827 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,54,471 | 1,60,102 | 6,377 | 4.1 | 3,145 | 2.0 | 5,631 | 3.6 | –1,703 | –1.1 | 3,081 | 2.0 |
of which : to Centre | 1,46,028 | 1,53,360 | 6,278 | 5,067 | 7,332 | –1,735 | 1,759 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 16,754 | 4,397 35.6 | –936 | –3.6 | 77 | 0.5 | 5,157 | 25.6 | –8,562 | –33.8 | |
o/w : to banks (includes NABARD) | 10,748 | 11,292 | 2,435 | 633 | 544 | 1,961 | –2,306 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 2,69,146 | 1,154 | 0.4 | 3,060 | 1.6 | 5,177 | 2.0 | 33,492 | 20.1 | 68,911 | 34.4 |
(iv) | Govt.'s currency liabilities to the public | 6,225 | 6,225 | — | 60 | — | 781 | 812 | |||||
(v) | Net non-monetary liabilities of RBI | 1,03,517 | 1,08,411 | 1,213 | 4,126 | 4,894 | 10,883 | 24,940 | |||||
Government Balances as on March 31, 2002 are before closure of accounts. | |||||||||||||
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