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 | Dec. 27# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,970 | 3,43,486 | –1,550 | –0.4 | 11,198 | 3.7 | 5,515 | 1.6 | 29,091 | 10.2 | 28,976 | 9.2 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,70,626 | –1,116 | –0.4 | 21,265 | 9.7 | 19,652 | 7.8 | 26,538 | 12.5 | 31,156 | 13.0 |
(ii) | Bankers' deposits with RBI | 84,147 | 70,298 | –384 | –0.5 | –8,957 | –11.0 | –13,849 | –16.5 | 2,224 | 3.2 | –2,222 | –3.1 |
(iii) | "Other" deposits with RBI | 2,850 | 2,562 | –51 | –1,110 | –288 | 330 | 42 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,10,760 | –4,032 | –3.5 | –5,893 | –3.8 | –41,418 | –27.2 | 466 | 0.3 | –37,224 | –25.2 |
of which : to Centre | 1,41,384 | 1,05,402 | –1,540 | –5,386 | –35,982 | –1,722 | –35,746 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 9,364 | 241 | 2.6 | –1,130 | –4.3 | –7,313 | –43.8 | –2,459 | –8.9 | –15,757 | –62.7 |
o/w : to banks (includes NABARD) | 10,748 | 6,401 | 392 | 1,327 | –4,347 | 235 | –7,891 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 3,37,633 | 3,625 | 1.1 | 34,936 | 17.7 | 73,664 | 27.9 | 45,074 | 24.1 | 1,05,522 | 45.5 |
(iv) | Govt.'s currency liabilities to the public | 6,366 | 6,661 | — | 723 | 295 | 1,011 | 585 | |||||
(v) | Net non-monetary liabilities of RBI | 1,01,220 | 1,20,932 | 1,384 | 17,438 | 19,713 | 15,000 | 24,149 | |||||
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