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8. Reserve Money : Components and Sources
81853915

8. Reserve Money : Components and Sources

                      (Rs. crore)

      Outstanding Variation over
      as on
 
 
 
 
 
 
 
 
    Item         Financial year so far
   
      1998
Week
1997-98
1998-99
Year
      Mar. 31# Oct. 2# Amount % Amount % Amount % Amount %

    1 2 3 4 5 6 7 8 9 10 11

Reserve Money 2,26,233 2,35,354 10,296 4.6 5,027 2.5 9,121 4.0 30,342 14.8
                         
Components (i+ii+iii)                    
  (i) Currency in circulation 1,50,823 1,58,835 2,204 1.4 3,691 2.7 8,011 5.3 17,927 12.7
    of which : cash with                    
    banks 5,641 ..              
  (ii) Bankers' deposits with                    
    RBI 71,806 72,940 8,286 12.8 37 0.1 1,134 1.6 13,329 22.4
  (iii) "Other" deposits with                    
    RBI 3,604 3,580 -193   1,299   -25   -913  
Sources (i+ii+iii+iv-v)                    
                         
  (i) Net RBI credit to                    
    Government 1,35,160 1,44,982 8,562 6.3 -8,653 -7.0 9,822 7.3 29,454 25.5
    of which : to Centre 1,33,617 1,44,443 8,970   -5,368   10,826   29,108  
  (ii) RBI credit to banks &                    
    comm. sector 15,282 18,827 1,755 10.3 -84 -0.6 3,545 23.2 5,658 43.0
    o/w : to banks (includes                    
    NABARD) 7,096 10,606 1,716   -1,402   3,510   5,003  
  (iii) Net foreign exchange                    
    assets of RBI 1,15,890 1,24,038 97 0.1 11,856 12.5 8,147 7.0 17,365 16.3
  (iv) Govt.'s currency                    
    liabilities to the public 3,120 3,522 -   215   402   389  
  (v) Net non-monetary                    
    liabilities of RBI 43,219 56,015 118   -1,692   12,796   22,524  

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