8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2002 | Week | 2001-2002 | 2002-2003 | 2001 | 2002 | ||||||||
Item | Mar. 31# | Apr. 5# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,825 | 3,22,432 | –10,879 | –3.3 | –12,494 | –4.1 | –15,394 | –4.6 | 34,676 | 13.5 | 31,615 | 10.9 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,833 | 2,54,851 | 3,472 | 1.4 | 2,567 | 1.2 | 4,018 | 1.6 | 18,833 | 9.3 | 34,080 | 15.4 |
(ii) | Bankers' deposits with RBI | 84,147 | 64,940 | –13,964 | –17.7 | –15,015 | –18.4 | –19,207 | –22.8 | 16,656 | 33.4 | –1,523 | –2.3 |
(iii) | "Other" deposits with RBI | 2,845 | 2,641 | –388 | –47 | –204 | –812 | –942 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,54,471 | 1,44,036 | –3,139 | –2.1 | –4,367 | –2.8 | –10,435 | –6.8 | 7,161 | 5.0 | –5,474 | –3.7 |
of which : to Centre | 1,46,028 | 1,36,483 | –3,387 | –3,124 | –9,545 | 7,474 | –6,927 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 10,974 | –8,555 | –43.8 | –7,246 | –27.6 | –5,703 | –34.2 | 2,729 | 16.8 | –8,032 | –42.3 |
o/w : to banks (includes NABARD) | 10,748 | 7,776 | –3,392 | –3,032 | –2,972 | 1,947 | –2,157 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 2,66,420 | 2,212 | 0.8 | 1,862 | 0.9 | 2,451 | 0.9 | 32,545 | 19.5 | 67,383 | 33.9 |
(iv) | Govt.'s currency liabilities to the public | 6,225 | 6,225 | — | — | — | 776 | 872 | |||||
(v) | Net non-monetary liabilities of RBI | 1,03,517 | 1,05,223 | 1,397 | 2,743 | 1,706 | 8,534 | 23,135 | |||||
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