8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
2002 | Week | Financial year so far | Year-on-year | ||||||||||
2001-2002 | 2002-2003 | 2001 | 2002 | ||||||||||
Item | Mar. 31# | Apr. 26# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,825 | 3,36,655 | –7,161 | –2.1 | 8,439 | 2.8 | –1,170 | –0.3 | 38,870 | 14.2 | 24,904 | 8.0 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,833 | 2,60,623 | –211 | –0.1 | 10,299 | 4.7 | 9,790 | 3.9 | 23,767 | 11.6 | 32,119 | 14.1 |
(ii) | Bankers' deposits with RBI | 84,147 | 73,542 | –7,115 | –8.8 | –1,268 | –1.6 | –10,605 | –12.6 | 14,956 | 22.9 | –6,667 | –8.3 |
(iii) | "Other" deposits with RBI | 2,845 | 2,489 | 165 | –592 | –356 | 148 | –548 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,54,471 | 1,55,562 | –4,540 | –2.8 | 12,863 | 8.4 | 1,092 | 0.7 | 16,254 | 10.8 | –11,177 | –6.7 |
of which : to Centre | 1,46,028 | 1,49,773 | –3,587 | 13,074 | 3,745 | 10,902 | –9,835 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 14,157 | –2,597 | –15.5 | –2,120 | –8.1 | –2,520 | –15.1 | 955 | 4.1 | –9,975 | –41.3 |
o/w : to banks (includes NABARD) | 10,748 | 9,734 | –1,558 | 983 | –1,014 | –192 | –4,214 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 2,70,858 | 1,712 | 0.6 | 2,577 | 1.3 | 6,889 | 2.6 | 34,017 | 20.5 | 71,106 | 35.6 |
(iv) | Govt.'s currency liabilities to the public | 6,225 | 6,225 | — | 60 | — | 781 | 812 | |||||
(v) | Net non-monetary liabilities of RBI | 1,03,517 | 1,10,148 | 1,737 | 4,941 | 6,631 | 13,136 | 25,862 | |||||
Government Balances as on March 31, 2002 are before closure of accounts. | |||||||||||||
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