8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
2003 | Week | Financial year so far | Year-on-year | ||||||||||
2002-2003 | 2003-2004 | 2002 | 2003 | ||||||||||
Item | Mar. 31# | Jun. 20# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,68,931 | 3,78,540 | –7,644 | –2.0 | 3,931 | 1.2 | 9,609 | 2.6 | 33,794 | 11.0 | 36,639 | 10.7 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,82,312 | 3,03,481 | –1,940 | –0.6 | 17,507 | 7.0 | 21,170 | 7.5 | 33,344 | 14.2 | 35,001 | 13.0 |
(ii) | Bankers' deposits with RBI | 83,346 | 71,073 | –6,938 | –8.9 | –14,609 | –17.4 | –12,273 | –14.7 | –144 | –0.2 | 1,535 | 2.2 |
(iii) | "Other" deposits with RBI | 3,273 | 3,986 | 1,234 | 1,033 | 713 | 594 | 103 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,20,102 | 1,09,971 | –9,332 | –7.8 | 11,314 | 7.4 | –10,130 | –8.4 | –2,158 | –1.3 | –53,521 | –32.7 |
of which : to Centre | 1,16,015 | 1,07,799 | –9,057 | 17,137 | –8,216 | –3,912 | –50,722 | ||||||
(ii) | RBI credit to banks & comm. sector | 10,208 | 8,479 | –118 | –1.4 | –6,951 | –41.7 | –1,730 | –16.9 | –10,287 | –51.4 | –1,247 | –12.8 |
o/w : to banks (includes NABARD) | 7,160 | 5,494 | –76 | –3,944 | –1,667 | –3,878 | –1,311 | ||||||
(iii) | Net foreign exchange assets of RBI | 3,58,244 | 3,82,344 | –2,584 | –0.7 | 15,174 | 5.7 | 24,100 | 6.7 | 75,736 | 37.2 | 1,03,201 | 37.0 |
(iv) | Govt.'s currency liabilities to the public | 6,910 | 6,910 | — | 93 | — | 971 | 450 | |||||
(v) | Net non-monetary liabilities of RBI | 1,26,533 | 1,29,163 | –4,390 | 15,699 | 2,631 | 30,468 | 12,245 | |||||
Government Balances as on March 31, 2003 are before closure of accounts. | |||||||||||||
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