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8. Reserve Money : Components and Sources
81862070

8. Reserve Money : Components and Sources

(Rs. crore)


  

Outstanding

  

Variation over

   
  

as on

        

 

Item

    

Financial year so far

   
  

1998

1999

Week

1997-98

 

1998-99

 

Year

 

  

Mar. 31#

Feb. 26#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,26,233

2,48,512

-2,663

-1.1

12,492

6.2

22,279

9.8

36,034

17.0

            
            

Components (i+ii+iii)

          
            

(i)

Currency in circulation

1,50,823

1,73,530

-758

-0.4

12,628

9.2

22,706

15.1

23,684

15.8

            
 

of which : cash with banks

5,641

3,998 *

        
            

(ii)

Bankers' deposits with RBI

71,806

71,758

-2,074

-2.8

391

0.7

-48

-0.1

11,793

19.7

            

(iii)

"Other" deposits with RBI

3,604

3,225

169

 

-527

 

-380

 

557

 
            

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

          
            

(i)

Net RBI credit to Government

1,35,160

1,54,369

136

0.1

6,311

5.1

19,209

14.2

23,878

18.3

            
 

of which : to Centre

1,33,617

1,52,696

-73

 

8,732

 

19,079

 

23,262

 
            

(ii)

RBI credit to banks & comm. sector

15,282

19,851

-3,797

-16.1

1,258

9.5

4,569

29.9

5,340

36.8

            
 

o/w : to banks (includes NABARD)

7,096

11,347

-1,985

 

-411

 

4,251

 

4,753

 
            

(iii)

Net foreign exchange assets of RBI

1,15,890

1,30,663

1,059

0.8

13,116

13.8

14,772

12.7

22,730

21.1

            

(iv)

Govt.'s currency liabilities to the public

3,120

3,561

—

 

386

 

441

 

256

 
            

(v)

Net non-monetary liabilities of RBI

43,219

59,932

60

 

8,579

 

16,713

 

16,169

 

* Data relate to scheduled commercial banks’ only.

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