8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding | Variation over | ||||||||||||
as on | Financial year so far | Year-on-year | |||||||||||
2002 | 2003 | Week | 2001-2002 | 2002-2003 | 2002 | 2003 | |||||||
Item | Mar. 31 | Feb. 21# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,970 | 3,51,272 | –7,204 | –2.0 | 16,939 | 5.6 | 13,301 | 3.9 | 26,774 | 9.1 | 31,022 | 9.7 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,80,064 | –1,376 | –0.5 | 29,378 | 13.5 | 29,090 | 11.6 | 31,447 | 14.5 | 32,481 | 13.1 |
(ii) | Bankers' deposits with RBI | 84,147 | 68,040 | –6,282 | –8.5 | –11,132 | –13.7 | –16,107 | –19.1 | –4,667 | –6.2 | –2,305 | –3.3 |
(iii) | "Other" deposits with RBI | 2,850 | 3,167 | 455 | –1,307 | 318 | –7 | 845 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,01,608 | –8,931 | –8.1 | –2,527 | –1.6 | –50,570 | –33.2 | –1,017 | –0.7 | –49,742 | –32.9 |
of which : to Centre | 1,41,384 | 95,908 | –9,351 | –2,479 | –45,476 | –2,706 | –48,147 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 9,034 | 174 | 2.0 | –6,641 | –25.3 | –7,643 | –45.8 | –4,604 | –19.0 | –10,577 | –53.9 |
o/w : to banks (includes NABARD) | 10,748 | 6,118 | 117 | –1,190 | –4,630 | –1,068 | –5,657 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 3,59,727 | –497 | –0.1 | 48,437 | 24.6 | 95,758 | 36.3 | 51,103 | 26.3 | 1,14,115 | 46.5 |
(iv) | Govt.'s currency liabilities to the public | 6,366 | 6,851 | — | 885 | 485 | 961 | 613 | |||||
(v) | Net non-monetary liabilities of RBI | 1,01,220 | 1,25,948 | –2,050 | 23,215 | 24,729 | 19,670 | 23,388 | |||||
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