8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
2003 | Week | Financial year so far | Year-on-year | ||||||||||
2002-2003 | 2003-2004 | 2002 | 2003 | ||||||||||
Item | Mar. 31# | Oct. 3# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,69,061 | 3,72,988 | 4,214 | 1.1 | –3,410 | –1.0 | 3,926 | 1.1 | 31,794 | 10.5 | 38,427 | 11.5 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,82,473 | 2,95,450 | 3,382 | 1.2 | 8,158 | 3.3 | 12,977 | 4.6 | 30,824 | 13.5 | 36,318 | 14.0 |
(ii) | Bankers' deposits with RBI | 83,346 | 72,543 | 680 | 0.9 | –12,632 | –15.0 | –10,803 | –13.0 | 611 | 0.9 | 1,028 | 1.4 |
(iii) | "Other" deposits with RBI | 3,242 | 4,995 | 152 | 1,064 | 1,752 | 358 | 1,081 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,20,679 | 76,431 | 13,693 | 21.8 | –28,065 | –18.4 | –44,249 | –36.7 | –33,256 | –21.1 | –47,683 | –38.4 |
of which : to Centre | 1,12,985 | 72,321 | 12,882 | –22,935 | –40,663 | –32,418 | –46,128 | ||||||
(ii) | RBI credit to banks & comm. sector | 10,208 | 5,009 | –394 | –7.3 | –7,356 | –44.1 | –5,200 | –50.9 | –7,994 | –46.2 | –4,312 | –46.3 |
o/w : to banks (includes NABARD) | 7,160 | 2,018 | –415 | –4,400 | –5,142 | –3,263 | –4,330 | ||||||
(iii) | Net foreign exchange assets of RBI | 3,58,244 | 3,98,973 | –10,729 | –2.6 | 41,891 | 15.9 | 40,729 | 11.4 | 90,080 | 41.7 | 93,113 | 30.4 |
(iv) | Govt.'s currency liabilities to the public | 7,071 | 7,179 | — | 424 | 108 | 985 | 389 | |||||
(v) | Net non-monetary liabilities of RBI | 1,27,141 | 1,14,604 | –1,644 | 10,304 | –12,537 | 18,021 | 3,080 | |||||
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