8. Reserve Money : Components and Sources
8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2004 | Week | ||||||||||||
2003-2004 | 2004-2005 | 2003 | 2004 | ||||||||||
Item | Mar. 31# | Jul. 2# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 4,36,429 | 4,24,577 | –4,988 | –1.2 | 4,462 | 1.2 | –11,852 | –2.7 | 30,251 | 8.8 | 51,054 | 13.7 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 3,27,023 | 3,40,550 | –775 | –0.2 | 19,834 | 7.0 | 13,526 | 4.1 | 34,657 | 12.9 | 38,242 | 12.7 |
(ii) | Bankers' deposits with RBI | 1,04,365 | 78,912 | –5,788 | –6.8 | –15,818 | –19.0 | –25,453 | –24.4 | –4,302 | –6.0 | 11,384 | 16.9 |
(iii) | "Other" deposits with RBI | 5,041 | 5,116 | 1,575 | 445 | 75 | –104 | 1,428 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 44,907 | 2,931 | –7,833 | –72.8 | –18,644 | –15.4 | –41,977 | –93.5 | –62,082 | –37.8 | –99,104 | –97.1 |
of which : to Centre | 36,920 | 577 | –6,314 | –13,802 | –36,342 | –59,504 | –98,606 | ||||||
(ii) | RBI credit to banks & comm. sector | 7,481 | 5,072 | 577 | 12.8 | –2,481 | –24.3 | –2,408 | –32.2 | –1,758 | –18.5 | –2,655 | –34.4 |
o/w : to banks (includes NABARD) | 5,419 | 3,183 | 577 | –2,319 | –2,236 | –1,710 | –1,659 | ||||||
(iii) | Net foreign exchange assets of RBI | 4,84,413 | 5,45,881 | 3,943 | 0.7 | 25,274 | 7.1 | 61,467 | 12.7 | 1,00,382 | 35.5 | 1,62,363 | 42.3 |
(iv) | Govt.'s currency liabilities to the public | 7,291 | 7,312 | — | 84 | 21 | 621 | 157 | |||||
(v) | Net non-monetary liabilities of RBI | 1,07,663 | 1,36,619 | 1,674 | –229 | 28,956 | 6,911 | 9,707 | |||||
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