8. Reserve Money : Components and Sources
(Rs. crore) | ||||||||||||
Outstanding as on | Variation over | |||||||||||
Financial year so far | Year-on-year | |||||||||||
2003 | Week | 2002-2003 | 2003-2004 | 2002 | 2003 | |||||||
Item | Mar. 31# | Aug. 15# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |
Reserve Money | 3,69,061 | 3,83,433 | 12,053 | 3.2 | –1,555 | –0.5 | 14,371 | 3.9 | 31,231 | 10.2 | 47,017 | 14.0 |
Components (i+ii+iii) | ||||||||||||
(i) Currency in circulation | 2,82,473 | 2,97,834 | 357 | 0.1 | 11,836 | 4.7 | 15,361 | 5.4 | 32,049 | 13.9 | 35,024 | 13.3 |
(ii) Bankers' deposits with RBI | 83,346 | 81,196 | 11,729 | 16.9 | –14,057 | –16.7 | –2,150 | –2.6 | –1,030 | –1.4 | 11,106 | 15.8 |
(iii) "Other" deposits with RBI | 3,242 | 4,403 | –33 | 666 | 1,161 | 212 | 888 | |||||
Sources (i+ii+iii+iv-v) | ||||||||||||
(i) Net RBI credit to Government | 1,20,679 | 87,104 | 1,388 | 1.6 | –15,194 | –10.0 | –33,575 | –27.8 | –19,842 | –12.7 | –49,880 | –36.4 |
of which : to Centre | 1,12,985 | 83,215 | 887 | –7,349 | –29,770 | –18,436 | –50,820 | |||||
(ii) RBI credit to banks & comm. sector | 10,208 | 5,786 | –547 | –8.6 | –7,875 | –47.2 | –4,423 | –43.3 | –9,349 | –51.5 | –3,016 | –34.3 |
o/w : to banks (includes NABARD) | 7,160 | 2,806 | –79 | –4,867 | –4,354 | –3,286 | –3,076 | |||||
(iii) Net foreign exchange assets of RBI | 3,58,244 | 3,92,197 | 956 | 0.2 | 30,586 | 11.6 | 33,954 | 9.5 | 84,429 | 40.2 | 97,642 | 33.1 |
(iv) Govt.'s currency liabilities to the public | 7,071 | 7,073 | — | 300 | 1 | 1,026 | 407 | |||||
(v) Net non-monetary liabilities of RBI | 1,27,141 | 1,08,727 | –10,256 | 9,372 | –18,414 | 25,034 | –1,865 | |||||
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