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8. Reserve Money : Components and Sources
81997737

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on


Variation over


   

2003

Week

Financial year so far

Year-on-year

           

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Aug. 22#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,69,061

3,75,001

–8,432

–2.2

–1,519

–0.4

5,939

1.6

28,418

9.2

38,550

11.5

                           

Components (i+ii+iii)

                       
                           

(i)

Currency in circulation

2,82,473

2,95,175

–2,659

–0.9

9,648

3.8

12,702

4.5

32,183

14.1

34,553

13.3

(ii)

Bankers' deposits with RBI

83,346

75,439

–5,757

–7.1

–11,889

–14.1

–7,907

–9.5

–3,683

–4.8

3,181

4.4

(iii)

"Other" deposits with RBI

3,242

4,387

–16

 

722

 

1,145

 

–83

 

816

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,679

74,786

–12,318

-14.1

–17,971

–11.8

–45,894

–38.0

–21,926

–14.0

–59,421

–44.3

 

of which : to Centre

1,12,985

69,548

–13,666

 

–9,506

 

–43,436

 

–20,485

 

–62,329

 

(ii)

RBI credit to banks & comm. sector

10,208

6,263

477

8.2

–8,019

–48.1

–3,946

–38.7

–10,990

–55.9

–2,395

–27.7

 

o/w : to banks (includes NABARD)

7,160

3,312

506

 

–5,016

 

–3,848

 

–4,659

 

–2,420

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,92,463

266

0.1

32,163

12.2

34,219

9.6

84,345

39.8

96,331

32.5

(iv)

Govt.'s currency liabilities to the public

7,071

7,073

 

362

 

1

 

1,007

 

344

 

(v)

Net non-monetary liabilities of RBI

1,27,141

1,05,583

–3,144

 

8,054

 

–21,558

 

24,018

 

–3,691

 

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