8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2002 | 2003 | Week | 2001-2002 | 2002-2003 | 2002 | 2003 | |||||||
Item | Mar. 31 | Feb. 14# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,970 | 3,58,476 | 5,101 | 1.4 | 12,495 | 4.1 | 20,505 | 6.1 | 18,468 | 6.2 | 42,670 | 13.5 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,81,440 | 2,473 | 0.9 | 29,744 | 13.6 | 30,466 | 12.1 | 30,279 | 13.9 | 33,491 | 13.5 |
(ii) | Bankers' deposits with RBI | 84,147 | 74,323 | 2,769 | 3.9 | –15,936 | –19.6 | –9,824 | –11.7 | –12,096 | –15.6 | 8,782 | 13.4 |
(iii) | "Other" deposits with RBI | 2,850 | 2,713 | –141 | –1,313 | –137 | 285 | 397 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,10,539 | 2,031 | 1.9 | –7,583 | –4.9 | –41,639 | –27.4 | –6,850 | –4.5 | –35,755 | –24.4 |
of which : to Centre | 1,41,384 | 1,05,258 | 2,275 | –8,127 | –36,125 | –9,470 | –33,148 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 8,861 | –104 | –1.2 | –5,350 | –20.4 | –7,816 | –46.9 | –6,780 | –24.5 | –12,041 | –57.6 |
o/w : to banks (includes NABARD) | 10,748 | 5,941 | –118 | –794 | –4,807 | –2,114 | –6,230 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 3,60,224 | 3,934 | 1.1 | 47,282 | 24.0 | 96,255 | 36.5 | 50,474 | 26.0 | 1,15,767 | 47.4 |
(iv) | Govt.'s currency liabilities to the public | 6,366 | 6,851 | — | 802 | 485 | 932 | 696 | |||||
(v) | Net non-monetary liabilities of RBI | 1,01,220 | 1,27,999 | 760 | 22,656 | 26,779 | 19,309 | 25,997 | |||||
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