APPENDIX TABLE 15 : VARIATIONS IN RESERVE MONEY

(Amount in Rupees crore)

Item

Variations

Outstanding as on

Financial year

April-June

March 31, 2006

2004-05

2005-06

2005-06

2006-07

Absolute

Per cent

Absolute

Per cent

Absolute

Per cent

Absolute

Per cent

1

2

3

4

5

6

7

8

9

10

Reserve Money

573066

52623

12.1

83930

17.2

7177

1.5

15215

2.7

(C.1+C.2+C.3 = S.1+S.2+S.3+S.4+S.5-S.6)

Components

C.1.

Currency in Circulation

430676

41633

12.7

62015

16.8

19877

5.4

23268

5.4

C.2.

Bankers’ Deposits with the RBI

135511

9631

9.2

21515

18.9

-10680

-9.4

-7204

-5.3

C.3.

‘Other’ Deposits with the RBI

6879

1359

26.5

401

6.2

-2021

-31.2

-849

-12.3

Sources

S.1.

Net RBI Credit to Government (a+b)

8136

-62882

26111

9275

53

a) Net RBI credit to Central

Government (i-ii)

5160

-60177

28417

14600

-62.8

3071

59.5

i) Claims on Central Government

70563

12380

27.9

13876

24.5

8181

14.4

-27601

-39.1

ii) Deposits of Central Government

65404

72558

-14541

-6419

-8.0

-30672

-46.9

b) Net RBI credit to State

Governments (i-ii)

2977

-2705

-33.9

-2306

-43.7

-5324

-100.8

-3018

-101.4

i) Claims on State governments

2977

-2705

-33.9

-2306

-43.7

-5283

-100.0

-2977

-100.0

ii) Deposits of State governments

0

0

0

41

41

S.2.

RBI’s Claims on Commercial and

Co-operative banks

5795

-161

-3.0

537

10.2

1155

22.0

-3135

-54.1

of which:

Loans and Advances to

Scheduled Commercial Banks*

1488

95

1393

-95

-1486

S.3.

RBI’s Credit to Commercial Sector

1387

-672

-32.6

-3

-0.2

0

0.0

0

0.0

S.4.

Net Foreign Exchange Assets

of the RBI

672983

128377

26.5

60193

9.8

-14595

-2.4

71845

10.7

S.5.

Government’s Currency Liabilities

to the Public

8754

152

2.1

1306

17.5

384

5.2

64

0.7

S.6.

Net Non-monetary Liabilities of the RBI

123990

12191

11.3

4215

3.5

-10957

-9.1

53612

43.2

S.7. Net Domestic Assets of the RBI

(S.1+S.2+S.3+S.5-S.6)

-99918

-75754

23737

-19.2

21771

-17.6

-56631

56.7

– : Not applicable.
* : Excluding RBI’s additional subscription to capital of State Bank of India.
Note : Data are provisional.