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8. Reserve Money : Components and Sources
81877389

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#

Jul. 2#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,59,220

2,61,324

-5,033

-1.9

-3,297

-1.5

2,103

0.8

38,219

17.1

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,75,705

1,88,587

-60

—

10,850

7.2

12,882

7.3

26,681

16.5

                       
 

of which : cash with banks

5,586

4,326 *

               
                       

(ii)

Bankers' deposits with RBI

79,703

67,391

-5,398

-7.4

-15,132

-21.1

-12,312

-15.4

10,718

18.9

                       

(iii)

"Other" deposits with RBI

3,812

5,346

424

 

986

 

1,534

 

820

 
                       

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

                   
                       

(i)

Net RBI credit to Government

1,52,539

1,57,779

1,074

0.7

13,671

10.1

5,240

3.4

8,948

6.0

                       
 

of which : to Centre

1,45,416

1,56,695

2,787

 

14,729

 

11,279

 

8,349

 
                       

(ii)

RBI credit to banks & comm. sector

25,487

21,567

-4,194

-16.3

-1,152

-7.5

-3,921

-15.4

7,437

52.6

                       
 

o/w : to banks (includes NABARD)

13,262

10,581

-2,438

 

-1,394

 

-2,681

 

4,879

 
                       

(iii)

Net foreign exchange assets of RBI

1,37,954

1,43,169

-608

-0.4

-902

-0.8

5,215

3.8

28,180

24.5

                       

(iv)

Govt.'s currency liabilities to the public

3,705

3,846

—

 

130

 

141

 

364

 
                       

(v)

Net non-monetary liabilities of RBI

60,464

65,037

1,306

 

15,043

 

4,572

 

6,711

 

* Data relate to Scheduled Commercial Banks only.

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