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8. Reserve Money : Components and Sources
81857697

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on

   

Variation over

     

 

Item

       

Financial year so far

     

   

1998

1999

Week

1997-98

1998-99

Year


   

Mar. 31#

Jan. 8#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


                       

Reserve Money

2,26,233

2,47,004

4,575

1.9

11,368

5.7

20,770

9.2

35,650

16.9

                       

Components (i+ii+iii)

                   

(i)

Currency in circulation

1,50,823

1,70,572

4,812

2.9

12,055

8.8

19,748

13.1

21,300

14.3

 

of which : cash with banks

5,641

..

               

(ii)

Bankers' deposits with RBI

71,806

73,001

-204

-0.3

-420

-0.7

1,196

1.7

13,847

23.4

(iii)

"Other" deposits with RBI

3,604

3,430

-33

 

-267

 

-174

 

503

 

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

                   

(i)

Net RBI credit to Government

1,35,160

1,52,935

2,417

1.6

4,470

3.6

17,775

13.2

24,285

18.9

 

of which : to Centre

1,33,617

1,50,364

715

 

6,614

 

16,748

 

23,048

 

(ii)

RBI credit to banks & comm. sector

15,282

24,118

4,487

22.9

2,921

22.0

8,836

57.8

7,944

49.1

 

o/w : to banks (includes NABARD)

7,096

12,613

1,338

 

1,369

 

5,516

 

4,238

 

(iii)

Net foreign exchange assets of RBI

1,15,890

1,27,746

327

0.3

12,309

13.0

11,856

10.2

20,620

19.2

(iv)

Govt.'s currency liabilities to the public

3,120

3,561

—

 

311

 

441

 

332

 

(v)

Net non-monetary liabilities of RBI

43,219

61,357

2,655

 

8,642

 

18,138

 

17,531

 

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