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# | Oct. 10# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,69,061 | 3,88,390 | 15,403 | 4.1 | 134 | — | 19,329 | 5.2 | 29,431 | 9.5 | 50,286 | 14.9 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,82,473 | 3,00,296 | 4,847 | 1.6 | 13,944 | 5.6 | 17,824 | 6.3 | 34,148 | 14.8 | 35,378 | 13.4 |
(ii) | Bankers' deposits with RBI | 83,346 | 83,403 | 10,859 | 15.0 | –14,246 | –16.9 | 57 | 0.1 | –4,810 | –6.4 | 13,501 | 19.3 |
(iii) | "Other" deposits with RBI | 3,242 | 4,691 | –303 | 435 | 1,449 | 93 | 1,407 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,20,679 | 81,829 | 5,399 | 7.1 | –27,309 | –17.9 | –38,850 | –32.2 | –32,889 | –20.8 | –43,040 | –34.5 |
of which : to Centre | 1,12,985 | 76,015 | 3,694 | –22,390 | –36,969 | –34,092 | –42,979 | ||||||
(ii) | RBI credit to banks & comm. sector | 10,208 | 5,489 | 480 | 9.6 | –6,960 | –41.7 | –4,719 | –46.2 | –11,443 | –54.1 | –4,227 | –43.5 |
o/w : to banks (includes NABARD) | 7,160 | 2,486 | 468 | –3,986 | –4,674 | –5,537 | –4,276 | ||||||
(iii) | Net foreign exchange assets of RBI | 3,58,244 | 4,10,168 | 11,195 | 2.8 | 44,962 | 17.0 | 51,924 | 14.5 | 92,225 | 42.6 | 1,01,237 | 32.8 |
(iv) | Govt.'s currency liabilities to the public | 7,071 | 7,179 | — | 424 | 108 | 985 | 389 | |||||
(v) | Net non-monetary liabilities of RBI | 1,27,141 | 1,16,275 | 1,671 | 10,983 | –10,866 | 19,448 | 4,072 | |||||
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