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8. Reserve Money : Components and Sources
81867092

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#

Apr. 30#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,59,220

2,63,297

3,540

1.4

1,902

0.8

4,077

1.6

34,993

15.3

            

Components (i+ii+iii)

          
            

(i)

Currency in circulation

1,75,705

1,85,965

778

0.4

9,220

6.1

10,260

5.8

25,689

16.0

            
 

of which : cash with banks

5,586

..

        
            

(ii)

Bankers' deposits with RBI

79,703

74,076

2,704

3.8

-6,899

-9.6

-5,627

-7.1

9,169

14.1

            

(iii)

"Other" deposits with RBI

3,812

3,257

57

 

-419

 

-556

 

135

 
            

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

          
            

(i)

Net RBI credit to Government *

1,50,132

1,56,726

763

0.5

5,771

4.3

6,594

4.4

15,795

11.2

 

of which : to Centre *

1,45,416

1,56,724

1,693

 

7,131

 

11,308

 

15,977

 
            

(ii)

RBI credit to banks & comm. sector

25,487

24,652

2,759

12.6

-1,367

-8.9

-835

-3.3

10,737

77.2

            
 

o/w : to banks (includes NABARD)

13,262

13,688

2,063

 

-1,390

 

426

 

7,981

 
            

(iii)

Net foreign exchange assets of RBI

1,37,954

1,39,277

120

0.1

971

0.8

1,323

1.0

22,415

19.2

            

(iv)

Govt.'s currency liabilities to

          
 

the public

3,705

3,705

-

 

35

 

-

 

317

 
            

(v)

Net non-monetary liabilities of RBI

58,058

61,063

102

 

3,509

 

3,005

 

14,271

 

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

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