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8. Reserve Money : Components and Sources
82530013

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding

   

Variation over

 
   

as on

       

 

Item

       

Financial year so far


 
   

1999

Week

1998-99

1999-2000

Year


   

Mar. 31#

May 7#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


                       

Reserve Money

2,59,220

2,67,597

4,299

1.6

7,447

3.3

8,376

3.2

33,748

14.4

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,75,705

1,91,403

5,439

2.9

14,240

9.4

15,698

8.9

26,107

15.8

                       
 

of which : cash with banks

5,586

4141 **

               
                       

(ii)

Bankers' deposits with RBI

79,703

73,128

-948

-1.3

-6,205

-8.6

-6,575

-8.2

7,528

11.5

                       

(iii)

"Other" deposits with RBI

3,812

3,065

-191

 

-588

 

-747

 

113

 
                       

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

                   

(i)

Net RBI credit to Government *

1,50,132

1,58,103

1,377

0.9

12,162

9.0

7,971

5.3

10,781

7.3

 

of which : to Centre *

1,45,416

1,57,780

1,056

 

13,322

 

12,364

 

10,841

 

(ii)

RBI credit to banks & comm. sector

25,487

26,614

1,962

8.0

-1,461

-9.6

1,126

4.4

12,793

92.6

                       
 

o/w : to banks (includes NABARD)

13,262

14,118

430

 

-1,486

 

856

 

8,508

 
                       

(iii)

Net foreign exchange assets of RBI

1,37,954

1,40,819

1,542

1.1

211

0.2

2,865

2.1

24,718

21.3

                       

(iv)

Govt.'s currency liabilities to the public

3,705

3,705

—

 

35

 

—

 

317

 
                       

(v)

Net non-monetary liabilities of RBI

58,058

61,644

581

 

3,500

 

3,586

 

14,862

 

* Central Government balances as on March 31, 1999 are after closure of accounts.

** Data relate to Scheduled Commercial Banks' only.

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