8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding | Variation over | ||||||||||||
as on | Week | Financial year so far | Year-on-year | ||||||||||
2003 | 2002-2003 | 2003-2004 | 2002 | 2003 | |||||||||
Item | Mar. 31# | Sep. 5# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,69,061 | 3,77,534 | 7,994 | 2.2 | 8,405 | 2.5 | 8,473 | 2.3 | 31,568 | 10.0 | 31,159 | 9.0 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,82,473 | 2,96,198 | 3,854 | 1.3 | 10,162 | 4.0 | 13,725 | 4.9 | 31,581 | 13.8 | 35,062 | 13.4 |
(ii) | Bankers' deposits with RBI | 83,346 | 77,081 | 4,220 | 5.8 | –2,417 | –2.9 | –6,265 | –7.5 | 139 | 0.2 | –4,649 | –5.7 |
(iii) | "Other" deposits with RBI | 3,242 | 4,255 | –79 | 659 | 1,013 | –153 | 746 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,20,679 | 73,099 | 5,209 | 7.7 | –11,546 | –7.6 | –47,581 | –39.4 | –19,572 | –12.2 | –67,533 | –48.0 |
of which : to Centre | 1,12,985 | 69,635 | 5,677 | –4,863 | –43,350 | –18,557 | –66,886 | ||||||
(ii) | RBI credit to banks & comm. sector | 10,208 | 5,843 | 97 | 1.7 | –7,269 | –43.6 | –4,366 | –42.8 | –12,635 | –57.3 | –3,565 | –37.9 |
o/w : to banks (includes NABARD) | 7,160 | 2,865 | 70 | –4,266 | –4,295 | –5,710 | –3,617 | ||||||
(iii) | Net foreign exchange assets of RBI | 3,58,244 | 4,01,292 | 5,741 | 1.5 | 37,164 | 14.1 | 43,048 | 12.0 | 86,974 | 40.6 | 1,00,158 | 33.3 |
(iv) | Govt.'s currency liabilities to the public | 7,071 | 7,073 | — | 362 | 1 | 1,007 | 344 | |||||
(v) | Net non-monetary liabilities of RBI | 1,27,141 | 1,09,772 | 3,053 | 10,307 | –17,370 | 24,206 | –1,755 | |||||
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