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No. 12 Sources of Reserve Money


                                                                                                    (Rs. in crores)
--------------------------------------------------------------------------------------------------------------------------
                               Reserve Bank's claims on                  Net foreign   Govern-      Net non-     Reserve
                      ----------------------------------------------     exchange      ment's       monetary     Money
Outstanding as on     Govern-    Commer-      National     Commer-       assets of     currency     liabilities  (2+3+4+5
March 31/each Friday/ ment       cial & co-   Bank for     cial          RBI (3)       liabili-     of RBI (3)   +6+7-8)
last reporting        (net)(1)   operative    Agricul-     sector(2)                   ties to
Friday of the month              banks        ture and                                 the public
                                              Rural
                                              Development
--------------------------------------------------------------------------------------------------------------------------
          1               2          3            4            5              6            7             8           9
--------------------------------------------------------------------------------------------------------------------------

1990-91                 88,848       6,895        3,112       6,342            7,983       1,621        27,022     87,779

1991-92                 94,016       1,265        3,837       7,260           18,838       1,704        27,415     99,505

1992-93                 98,449       5,555        4,330       6,220           22,647       1,824        28,246    110,779

1993-94                 99,300       1,878        3,673       6,445           51,422       1,991        26,037    138,672

1994-95                101,478       8,683        4,787       6,593           74,720       2,379        29,358    169,282

1995-96                121,349      16,964        4,991       6,855           74,092       2,503        32,297    194,457

1996-97                124,181       2,123        4,882       6,247           94,865       2,856        35,183    199,971

May 3,1996             133,599       6,449        4,542       6,495           74,384       2,534        32,141    195,862

May 10,1996            134,357       4,722        4,135       6,480           74,962       2,534        33,060    194,130

May 17,1996            135,111       7,543        4,160       6,486           74,450       2,534        32,899    197,385

May 24,1996            132,482       5,710        3,806       6,479           74,563       2,570        32,948    192,662

May 31,1996            130,783       7,678        3,964       6,479           75,954       2,570        34,275    193,153



January 1997           119,054       1,734        4,499       6,265           85,897       2,856        36,779    183,526

February 1997          117,614       1,817        4,939       6,228           84,970       2,856        34,106    184,318

March 1997             124,181       2,123        4,882       6,247           94,865       2,856        35,183    199,971

April 1997             123,387       1,444        4,505       6,938           95,532       2,856        34,024    200,638

May 2,1997             128,001       1,951        4,550       7,191           95,188       2,856        33,369    206,368

May 9,1997             127,351       2,068        4,479       7,184           98,036       2,856        34,460    207,514

May 16,1997            128,037       1,263        4,473       7,155           98,731       2,856        34,561    207,954

May 23,1997            127,521       1,564        4,194       7,155           99,398       2,856        34,340    208,348

May 30,1997            122,601       1,249        4,175       7,155          100,554       2,856        34,353    204,237
--------------------------------------------------------------------------------------------------------------------------

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