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8. Reserve Money : Components and Sources
81864848

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 28#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,59,220

2,65,703

4,422

1.7

1,334

0.6

6,483

2.5

37,968

16.7

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,75,705

1,88,994

-2,145

-1.1

12,734

8.4

13,290

7.6

25,205

15.4

                       
 

of which : cash with banks

5,586

..

               
                       

(ii)

Bankers' deposits with RBI

79,703

73,801

6,683

10.0

-10,271

-14.3

-5,902

-7.4

12,267

19.9

                       

(iii)

"Other" deposits with RBI

3,812

2,907

-115

 

-1,129

 

-905

 

496

 
                       

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

                   

(i)

Net RBI credit to Government *

1,52,539

1,53,537

-1,642

-1.1

7,685

5.7

998

0.7

10,691

7.5

 

of which : to Centre *

1,45,416

1,51,364

-1,899

 

8,823

 

5,947

 

8,925

 

(ii)

RBI credit to banks & comm. sector

25,487

26,831

5,937

28.4

-1,540

-10.1

1,343

5.3

13,088

95.2

                       
 

o/w : to banks (includes NABARD)

13,262

14,088

3,395

 

-1,721

 

826

 

8,713

 
                       

(iii)

Net foreign exchange assets of RBI

1,37,954

1,44,090

1,117

0.8

2,844

2.5

6,136

4.4

25,355

21.4

                       

(iv)

Govt.'s currency liabilities to the public

3,705

3,705

—

 

85

 

—

 

267

 
                       

(v)

Net non-monetary liabilities of RBI

60,464

62,459

990

 

7,741

 

1,994

 

11,435

 

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

             

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