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8. Reserve Money : Components and Sources
81974341

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on

Variation over


   

2003

 

Financial year so far

Year-on-year


       

Week

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Jun. 13#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,68,931

3,86,185

7,770

2.1

7,098

2.1

17,254

4.7

27,947

8.8

41,116

11.9

Components (i+ii+iii)

                       
                           

(i)

Currency in circulation

2,82,312

3,05,421

561

0.2

20,402

8.1

23,110

8.2

33,201

13.9

34,046

12.5

(ii)

Bankers' deposits with RBI

83,346

78,011

6,903

9.7

–12,826

–15.2

–5,335

–6.4

–4,432

–5.9

6,690

9.4

                           

(iii)

"Other" deposits with RBI

3,273

2,752

306

 

–478

 

–521

 

–823

 

381

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,102

1,19,304

7,453

6.7

14,813

9.7

–798

–0.7

–5,181

–3.0

–47,687

–28.6

 

of which : to Centre

1,16,015

1,16,856

6,886

 

21,457

 

841

 

–6,116

 

–45,985

 

(ii)

RBI credit to banks & comm. sector

10,208

8,597

93

1.1

–6,876

–41.2

–1,612

–15.8

–12,776

–56.6

–1,204

–12.3

                           
 

o/w : to banks (includes NABARD)

7,160

5,569

67

 

–3,927

 

–1,591

 

–4,589

 

–1,252

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,84,928

2,481

0.6

13,110

5.0

26,684

7.4

74,268

36.6

1,07,848

38.9

(iv)

Govt.'s currency liabilities to the public

6,910

6,910

 

93

 

 

971

 

450

 
                           

(v)

Net non-monetary liabilities of RBI

1,26,533

1,33,553

2,256

 

14,043

 

7,020

 

29,336

 

18,291

 

Government Balances as on March 31, 2003 are before closure of accounts.

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