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8. Reserve Money : Components and Sources
81989649

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on

Variation over


           

Financial year so far

Year-on-year

   

2003

 

Week

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

May 16#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,68,931

3,86,145

9,912

2.6

12,054

3.6

17,214

4.7

35,161

11.2

36,121

10.3

                           

Components (i+ii+iii)

                       

(i)

Currency in circulation

2,82,312

3,04,250

1,247

0.4

19,359

7.7

21,939

7.8

32,922

13.9

33,917

12.5

(ii)

Bankers' deposits with RBI

83,346

79,201

8,488

12.0

–6,772

–8.0

–4,145

–5.0

2,881

3.9

1,826

2.4

                           

(iii)

"Other" deposits with RBI

3,273

2,694

177

 

–534

 

–579

 

–642

 

378

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,102

1,26,876

8,792

7.4

16,887

11.1

6,775

5.6

–1,426

–0.8

–42,188

–25.0

 

of which : to Centre

1,16,015

1,26,170

11,957

 

22,485

 

10,155

 

–3,438

 

–37,699

 

(ii)

RBI credit to banks & comm. sector

10,208

8,514

–213

–2.4

–2,025

–12.1

–1,695

–16.6

–8,463

–36.6

–6,138

–41.9

                           
 

o/w : to banks (includes NABARD)

7,160

5,591

–140

 

–1,052

 

–1,569

 

–2,112

 

–4,105

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,73,493

2,764

0.7

8,321

3.2

15,249

4.3

71,310

35.5

1,01,203

37.2

(iv)

Govt.'s currency liabilities to the public

6,910

6,910

 

17

 

 

895

 

526

 
                           

(v)

Net non-monetary liabilities of RBI

1,26,533

1,29,647

1,432

 

11,146

 

3,115

 

27,156

 

17,282

 

Government Balances as on March 31, 2003 are before closure of accounts.

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