8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
2002 | Week | Financial year so far | Year-on-year | ||||||||||
2001-2002 | 2002-2003 | 2001 | 2002 | ||||||||||
Item | Mar. 31# | May 24# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,825 | 3,50,647 | 815 | 0.2 | 7,315 | 2.4 | 12,821 | 3.8 | 32,290 | 11.6 | 40,020 | 12.9 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,833 | 2,68,900 | –1,275 | –0.5 | 17,857 | 8.2 | 18,067 | 7.2 | 27,384 | 13.1 | 32,839 | 13.9 |
(ii) | Bankers' deposits with RBI | 84,147 | 79,532 | 2,157 | 2.8 | –9,832 | –12.1 | –4,615 | –5.5 | 4,486 | 6.7 | 7,887 | 11.0 |
(iii) | "Other" deposits with RBI | 2,845 | 2,214 | –66 | –709 | –631 | 420 | –706 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,54,471 | 1,69,699 | 635 | 0.4 | 12,912 | 8.4 | 15,229 | 9.9 | 13,852 | 9.1 | 2,911 | 1.7 |
of which : to Centre | 1,46,028 | 1,65,693 | 1,824 | 16,502 | 19,665 | 12,752 | 2,657 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 13,657 | –995 | –6.8 | –4,769 | –18.2 | –3,020 | –18.1 | –8,153 | –27.5 | –7,825 | –36.4 |
o/w : to banks (includes NABARD) | 10,748 | 9,620 | –75 | –2,059 | –1,128 | –5,398 | –1,286 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 2,73,476 | 1,187 | 0.4 | 3,822 | 1.9 | 9,507 | 3.6 | 35,827 | 21.7 | 72,480 | 36.1 |
(iv) | Govt.'s currency liabilities to the public | 6,225 | 6,225 | — | 135 | — | 795 | 737 | |||||
(v) | Net non-monetary liabilities of RBI | 1,03,517 | 1,12,412 | 11 | 4,784 | 8,895 | 10,031 | 28,283 | |||||
Government Balances as on March 31, 2002 are before closure of accounts. | |||||||||||||
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