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8. Reserve Money : Components and Sources
81860575

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding
as on

   

Variation over

     

 

Item

       

Financial year so far

     

   

1999

1999

Week

 

1998-99

 

1999-2000

 

Year

 

   

Mar. 31#

Apr. 2#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,59,220

2,58,126

12,378

5.0

-2,905

-1.3

-1,094

-0.4

34,629

15.5

                       
                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,75,705

1,75,633

-612

-0.3

817

0.5

-72

—

23,761

15.6

                       
 

of which : cash with banks

5,586

..

               
                       

(ii)

Bankers' deposits with RBI

79,703

78,642

13,284

20.3

-3,716

-5.2

-1,061

-1.3

10,553

15.5

                       

(iii)

"Other" deposits with RBI

3,812

3,851

-293

 

-5

 

39

 

316

 
                       

Sources (i+ii+iii+iv-v)

                   
                       

(i)

Net RBI credit to Government *

1,52,509

1,53,244

3,292

2.2

-345

-0.3

735

0.5

18,429

13.7

 

of which : to Centre *

1,47,793

1,50,245

1,768

 

-253

 

2,451

 

16,881

 

(ii)

RBI credit to banks & comm. sector

25,487

23,692

5,517

30.4

-829

-5.4

-1,795

-7.0

9,240

63.9

                       
 

o/w : to banks (includes NABARD)

13,262

13,198

3,508

 

-821

 

-63

 

6,923

 
                       

(iii)

Net foreign exchange assets of RBI

1,37,954

1,37,994

4,271

3.2

-614

-0.5

41

—

22,718

19.7

                       

(iv)

Govt.'s currency liabilities to the public

3,705

3,705

—

 

—

 

—

 

353

 
                       

(v)

Net non-monetary liabilities of RBI

60,435

60,510

703

 

1,117

 

75

 

16,110

 

* Government balances as on March 31, 1999 are before closure of accounts.

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