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8. Reserve Money : Components and Sources
82027165

8. Reserve Money : Components and Sources

(Rs. crore)

Outstanding as on

Variation over

2004

Week

Financial year so far

Year-on-year

2003-2004

2004-2005

2003

2004

Item

Mar. 31#

May 28#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,26,301

–8,367

–1.9

20,376

5.5

–10,128

–2.3

50,819

15.0

36,864

9.5

Components (i+ii+iii)

(i)

Currency in circulation

3,27,023

3,43,061

–2,481

–0.7

18,591

6.6

16,037

4.9

33,740

12.6

41,996

13.9

(ii)

Bankers' deposits with RBI

1,04,365

79,611

–5,987

–7.0

2,572

3.1

–24,754

–23.7

16,896

24.5

–6,307

–7.3

(iii)

"Other" deposits with RBI

5,041

3,629

101

–788

–1,412

183

1,174

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

(i)

Net RBI credit to Government

44,907

4,259

–10,055

–70.2

2,866

2.4

–40,648

–90.5

–36,156

–22.6

–1,19,286

–96.6

of which : to Centre

36,920

651

–9,669

6,780

–36,268

–35,433

–1,19,113

(ii)

RBI credit to banks & comm. sector

7,481

5,911

1,425

31.8

–2,036

–19.9

–1,569

–21.0

–2,339

–22.3

–2,262

–27.7

o/w : to banks (includes NABARD)

5,419

3,795

1,330

–1,996

–1,624

–2,254

–1,369

(iii)

Net foreign exchange assets of RBI

4,84,413

5,37,506

6,285

1.2

24,336

6.8

53,093

11.0

1,07,346

39.0

1,54,927

40.5

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

70

682

150

(v)

Net non-monetary liabilities of RBI

1,07,663

1,28,666

6,021

4,859

21,003

18,713

–3,335

Note : Government Balances as on March 31, 2004 are after closure of accounts.


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