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8. Reserve Money : Components and Sources
81864004

8. Reserve Money : Components and Sources

(Rs. crore)


Item

Outstanding
as on

Variation over


     

Financial year so far


   
   

1999

Week

 

1998-99

1999-2000

Year


   

Mar. 31#

Apr. 23#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,59,220

2,59,757

-4,232

-1.6

-9,767

-4.3

537

0.2

43,123

19.9

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,75,705

1,85,187

411

0.2

8,842

5.9

9,482

5.4

25,289

15.8

 

of which : cash with banks

5,586

4,112 *

               

(ii)

Bankers' deposits with RBI

79,703

71,372

-4,584

-6.0

-17,568

-24.5

-8,332

-10.5

17,134

31.6

                       

(iii)

"Other" deposits with RBI

3,812

3,199

-58

 

-1,041

 

-613

 

700

 
                       

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

                   

(i)

Net RBI credit to Government **

1,50,132

1,55,963

-5,393

-3.3

-5,944

-4.4

5,831

3.9

26,748

20.7

 

of which : to Centre **

1,45,416

1,55,031

-2,032

 

-4,741

 

9,615

 

26,155

 

(ii)

RBI credit to banks & comm. sector

25,487

21,893

1,019

4.9

-1,137

-7.4

-3,594

-14.1

7,748

54.8

                       
 

o/w : to banks (includes NABARD)

13,262

11,624

602

 

-1,153

 

-1,637

 

5,681

 
                       

(iii)

Net foreign exchange assets of RBI

1,37,954

1,39,157

-12

—

315

0.3

1,203

0.9

22,951

19.8

                       

(iv)

Govt.'s currency liabilities to the public

3,705

3,705

—

 

35

 

—

 

317

 
                       

(v)

Net non-monetary liabilities of RBI

58,058

60,960

-154

 

3,037

 

2,903

 

14,641

 

** Central Government balances as on March 31, 1999 are after closure of accounts.
* Data relate to scheduled commercial banks only.

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