8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||
Outstanding | Variation over | ||||||||||
as on | |||||||||||
Item | Financial year so far | ||||||||||
1999 | Week | 1998-99 | 1999-2000 | Year | |||||||
Mar. 31# | Aug. 6# | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | |
Reserve Money | 2,59,220 | 2,63,535 | 7,539 | 2.9 | 571 | 0.3 | 4,314 | 1.7 | 36,562 | 16.1 | |
Components (i+ii+iii) | |||||||||||
(i) | Currency in circulation | 1,75,705 | 1,86,535 | 3,431 | 1.9 | 8,439 | 5.6 | 10,830 | 6.2 | 27,041 | 17.0 |
of which : cash with banks | 5,586 | .. | |||||||||
(ii) | Bankers' deposits with RBI | 79,703 | 72,298 | 4,245 | 6.2 | -8,178 | -11.4 | -7,406 | -9.3 | 8,670 | 13.6 |
(iii) | "Other" deposits with RBI | 3,812 | 4,702 | -137 | 310 | 890 | 851 | ||||
Sources (i+ii+iii+iv-v) | |||||||||||
(i) | Net RBI credit to Government | 1,52,539 | 1,56,414 | 151 | 0.1 | 17,798 | 13.2 | 3,875 | 2.5 | 3,456 | 2.3 |
of which : to Centre | 1,45,416 | 1,54,221 | -108 | 18,824 | 8,805 | 1,781 | |||||
(ii) | RBI credit to banks & comm. sector | 25,487 | 25,752 | 7,676 | 42.5 | -1,407 | -9.2 | 265 | 1.0 | 11,877 | 85.6 |
o/w : to banks (includes NABARD) | 13,262 | 12,850 | 4,005 | -1,641 | -411 | 7,395 | |||||
(iii) | Net foreign exchange assets of RBI | 1,37,954 | 1,45,072 | 197 | 0.1 | -876 | -0.8 | 7,118 | 5.2 | 30,058 | 26.1 |
(iv) | Govt.'s currency liabilities to the public | 3,705 | 3,846 | | 170 | 141 | 324 | ||||
(v) | Net non-monetary liabilities of RBI | 60,464 | 67,550 | 484 | 15,114 | 7,085 | 9,153 | ||||