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8. Reserve Money : Components and Sources
81994950

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on


Variation over


   

2003

Week

Financial year so far

Year-on-year

 
           

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

May 30#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,68,931

3,89,237

11,994

3.2

648

0.2

20,306

5.5

39,320

13.1

50,619

14.9

Components (i+ii+iii)

                       

(i)

Currency in circulation

2,82,312

3,00,833

–2,384

–0.8

16,350

6.5

18,521

6.6

31,942

13.6

33,509

12.5

                           

(ii)

Bankers' deposits with RBI

83,346

85,918

14,394

20.1

–15,124

–18.0

2,572

3.1

7,233

11.7

16,896

24.5

(iii)

"Other" deposits with RBI

3,273

2,486

–16

 

–578

 

–788

 

145

 

214

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,102

1,23,545

10,977

9.8

7,523

4.9

3,443

2.9

–379

–0.2

–36,156

–22.6

                           
 

of which : to Centre

1,16,015

1,19,764

11,187

 

13,814

 

3,749

 

–2,437

 

–35,433

 
                           

(ii)

RBI credit to banks & comm. sector

10,208

8,173

–688

–7.8

–6,165

–37.0

–2,036

–19.9

–6,146

–36.9

–2,339

–22.3

                           
 

o/w : to banks (includes NABARD)

7,160

5,164

–658

 

–3,330

 

–1,996

 

–816

 

–2,254

 
                           

(iii)

Net foreign exchange assets of RBI

3,58,244

3,82,579

3,111

0.8

11,265

4.3

24,336

6.8

73,386

36.4

1,07,346

39.0

(iv)

Govt.'s currency liabilities to the public

6,910

6,910

 

93

 

 

971

 

450

 
                           

(v)

Net non-monetary liabilities of RBI

1,26,533

1,31,970

1,406

 

12,068

 

5,437

 

28,513

 

18,681

 

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

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