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8. Reserve Money : Components and Sources
81863411

8. Reserve Money : Components and Sources

             

(Rs. crore)


   

Outstanding

Variation over

   

as on

               

 

Item

       

Financial year so far

     
   

1998

1999

Week

1997-98

1998-99

Year


   

Mar. 31#

Jan. 29#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


                       

Reserve Money

2,26,233

2,44,102

-4,007

-1.6

14,295

7.1

17,869

7.9

29,822

13.9

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,50,823

1,70,529

-1,555

-0.9

10,899

7.9

19,705

13.1

22,412

15.1

                       
 

of which : cash with banks

5,641

3,986 *

               
                       

(ii)

Bankers' deposits with RBI

71,806

70,441

-2,513

-3.4

3,100

5.2

-1,364

-1.9

7,767

12.4

                       

(iii)

"Other" deposits with RBI

3,604

3,132

62

 

295

 

-472

 

-357

 
                       

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

                   
                       

(i)

Net RBI credit to Government

1,35,160

1,51,796

-3,011

-1.9

6,389

5.1

16,636

12.3

21,226

16.3

                       
 

of which : to Centre

1,33,617

1,50,495

-2,441

 

8,186

 

16,879

 

21,607

 
                       

(ii)

RBI credit to banks & comm. sector

15,282

20,218

-1,269

-5.9

1,407

10.6

4,936

32.3

5,558

37.9

                       
 

o/w : to banks (includes NABARD)

7,096

11,818

-1,250

 

-150

 

4,721

 

4,962

 
                       

(iii)

Net foreign exchange assets of RBI

1,15,890

1,29,306

-311

-0.2

13,331

14.1

13,416

11.6

21,158

19.6

                       

(iv)

Govt.'s currency liabilities to the public

3,120

3,561

-

 

312

 

441

 

331

 
                       

(v)

Net non-monetary liabilities of RBI

43,219

60,779

-585

 

7,145

 

17,560

 

18,451

 

* Data relate to scheduled commercial banks’ only.

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