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8. Reserve Money : Components and Sources
82043726

8. Reserve Money : Components and Sources

(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2004

Week

2003-2004

2004-2005

2003

2004

Item

Mar. 31

Oct. 15#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,512

4,39,047

1,567

0.4

3,216

0.9

2,535

0.6

36,475

10.9

66,769

17.9

Components (i+ii+iii)

(i)

Currency in circulation

3,27,028

3,41,065

2,747

0.8

18,758

6.6

14,036

4.3

35,328

13.3

39,833

13.2

(ii)

Bankers' deposits with RBI

1,04,365

91,435

–1,156

–1.2

–15,763

–18.9

–12,930

–12.4

947

1.4

23,852

35.3

(iii)

"Other" deposits with RBI

5,119

6,547

–24

–0.4

221

6.8

1,428

27.9

201

6.2

3,084

89.1

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

(i)

Net RBI credit to Government

44,907

20,865

1,963

10.4

–58,055

–48.1

–24,042

–53.5

–57,929

–48.1

–41,759

–66.7

of which : to Centre

36,920

15,524

213

1.4

–53,466

–47.3

–21,395

–58.0

–55,691

–48.3

–43,994

–73.9

(ii)

RBI credit to banks & comm. sector

7,481

3,773

–60

–1.6

–4,984

–48.8

–3,708

–49.6

–4,579

–46.7

–1,452

–27.8

o/w : to banks (includes NABARD)

5,419

1,883

–60

–3.1

–4,864

–67.9

–3,536

–65.2

–4,402

–65.7

–413

–18.0

(iii)

Net foreign exchange assets of RBI

4,84,413

5,42,755

1,837

0.3

56,029

15.6

58,342

12.0

1,04,244

33.6

1,28,482

31.0

(iv)

Govt.'s currency liabilities to the public

7,296

7,339

157

2.2

44

0.6

378

5.5

111

1.5

(v)

Net non-monetary liabilities of RBI

1,07,585

1,35,685

2,174

1.6

–10,069

–7.9

28,100

26.1

5,638

5.1

18,612

15.9


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