8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2004 | Week | ||||||||||||
2003-2004 | 2004-2005 | 2003 | 2004 | ||||||||||
Item | Mar. 31 | Aug. 13# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 4,36,512 | 4,35,409 | 12,388 | 2.9 | 13,632 | 3.7 | –1,103 | –0.3 | 46,279 | 13.8 | 52,715 | 13.8 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 3,27,028 | 3,38,182 | 768 | 0.2 | 15,463 | 5.5 | 11,154 | 3.4 | 35,127 | 13.4 | 40,246 | 13.5 |
(ii) | Bankers' deposits with RBI | 1,04,365 | 92,823 | 11,892 | 14.7 | –2,150 | –2.6 | –11,542 | –11.1 | 11,106 | 15.8 | 11,627 | 14.3 |
(iii) | "Other" deposits with RBI | 5,119 | 4,405 | –272 | 319 | –715 | 46 | 843 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 44,907 | 16,389 | 10,067 | 159.2 | –33,575 | –27.8 | –28,518 | –63.5 | –49,880 | –36.4 | –70,715 | –81.2 |
of which : to Centre | 36,920 | 14,163 | 10,026 | –29,770 | –22,756 | –50,820 | –69,051 | ||||||
(ii) | RBI credit to banks & comm. sector | 7,481 | 3,665 | 360 | 10.9 | –4,423 | –43.3 | –3,816 | –51.0 | –3,016 | –34.3 | –2,121 | –36.7 |
o/w : to banks (includes NABARD) | 5,419 | 1,775 | 360 | –4,354 | –3,644 | –3,076 | –1,031 | ||||||
(iii) | Net foreign exchange assets of RBI | 4,84,413 | 5,46,034 | –2,019 | –0.4 | 33,954 | 9.5 | 61,621 | 12.7 | 97,642 | 33.1 | 1,53,837 | 39.2 |
(iv) | Govt.'s currency liabilities to the public | 7,296 | 7,312 | — | 104 | 17 | 509 | 137 | |||||
(v) | Net non-monetary liabilities of RBI | 1,07,585 | 1,37,991 | –3,981 | –17,573 | 30,406 | –1,024 | 28,423 |
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