8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2002 | 2003 | Week | 2001-2002 | 2002-2003 | 2002 | 2003 | |||||||
Item | Mar. 31 | Mar. 21# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,970 | 3,53,131 | –10,036 | –2.8 | 18,789 | 6.2 | 15,160 | 4.5 | 36,667 | 12.8 | 31,030 | 9.6 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,85,484 | –177 | –0.1 | 33,401 | 15.3 | 34,510 | 13.8 | 31,620 | 14.4 | 33,878 | 13.5 |
(ii) | Bankers' deposits with RBI | 84,147 | 64,369 | –10,510 | –14.0 | –13,686 | –16.8 | –19,779 | –23.5 | 4,701 | 7.5 | –3,422 | –5.0 |
(iii) | "Other" deposits with RBI | 2,850 | 3,279 | 651 | –925 | 429 | 346 | 575 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,09,456 | –11,784 | –9.7 | –12,109 | –7.9 | –42,722 | –28.1 | –2,848 | –2.0 | –32,312 | –22.8 |
of which : to Centre | 1,41,384 | 1,06,292 | –10,993 | –11,650 | –35,091 | –6,505 | –28,591 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 9,148 | –71 | –0.8 | –8,382 | –31.9 | –7,528 | –45.1 | –3,232 | –15.3 | –8,721 | –48.8 |
o/w : to banks (includes NABARD) | 10,748 | 6,176 | –111 | –2,060 | –4,572 | –820 | –4,729 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 3,52,079 | –184 | –0.1 | 62,798 | 31.8 | 88,110 | 33.4 | 64,001 | 32.7 | 92,106 | 35.4 |
(iv) | Govt.'s currency liabilities to the public | 6,366 | 6,851 | — | 1,013 | 485 | 1,013 | 485 | |||||
(v) | Net non-monetary liabilities of RBI | 1,01,220 | 1,24,404 | –2,004 | 24,531 | 23,184 | 22,268 | 20,527 | |||||
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