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 | Aug. 23# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,970 | 3,36,160 | –31 | — | 4,722 | 1.6 | –1,810 | –0.5 | 35,348 | 13.0 | 28,127 | 9.1 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,60,349 | –2,250 | –0.9 | 10,234 | 4.7 | 9,375 | 3.7 | 25,484 | 12.6 | 31,911 | 14.0 |
(ii) | Bankers' deposits with RBI | 84,147 | 72,258 | 2,168 | 3.1 | –5,537 | –6.8 | –11,889 | –14.1 | 10,380 | 15.8 | –3,683 | –4.8 |
(iii) | "Other" deposits with RBI | 2,850 | 3,553 | 52 | 24 | 704 | –517 | –101 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,34,207 | –2,778 | –2.0 | 2,256 | 1.5 | –17,971 | –11.8 | 5,348 | 3.5 | –21,926 | –14.0 |
of which : to Centre | 1,41,384 | 1,31,877 | –2,157 | 5,828 | –9,506 | 4,052 | –20,485 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 8,657 | –145 | –1.6 | –6,604 | –25.2 | –8,019 | –48.1 | –6,206 | –24.0 | –10,990 | –55.9 |
o/w : to banks (includes NABARD) | 10,748 | 5,732 | –150 | –2,574 | –5,016 | –2,583 | –4,659 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 2,96,132 | 1,577 | 0.5 | 14,613 | 7.4 | 32,163 | 12.2 | 48,701 | 29.9 | 84,345 | 39.8 |
(iv) | Govt.'s currency liabilities to the public | 6,366 | 6,456 | — | 367 | 89 | 828 | 735 | |||||
(v) | Net non-monetary liabilities of RBI | 1,01,220 | 1,09,292 | –1,314 | 5,910 | 8,072 | 13,323 | 24,036 | |||||
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