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8. Reserve Money : Components and Sources
82652315

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding

   

Variation over

     
   

as on

               

Item

       

Financial year so far


     
   

1998

1999

Week

 

1997-98

 

1998-99

 

Year

 

   

Mar. 31#

Mar. 12#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,26,233

2,51,833

-568

-0.2

20,525

10.3

25,599

11.3

31,322

14.2

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,50,823

1,78,612

1,339

0.8

17,358

12.6

27,788

18.4

24,037

15.6

                       
 

of which : cash with banks

5,641

3,903 *

               
                       

(ii)

Bankers' deposits with RBI

71,806

70,380

-1,811

-2.5

3,935

6.6

-1,426

-2.0

6,870

10.8

                       

(iii)

"Other" deposits with RBI

3,604

2,841

-96

 

-767

 

-763

 

415

 
                       

Sources (i+ii+iii+iv-v)

                   
                       

(i)

Net RBI credit to Government

1,35,160

1,56,055

-1,434

-0.9

13,167

10.6

20,895

15.5

18,707

13.6

                       
 

of which : to Centre

1,33,617

1,53,220

-1,314

 

14,968

 

19,603

 

17,549

 
                       

(ii)

RBI credit to banks & comm. sector

15,282

21,197

-3,818

-15.3

1,277

9.6

5,915

38.7

6,668

45.9

                       
 

o/w : to banks (includes NABARD)

7,096

12,444

-1,039

 

-428

 

5,348

 

5,866

 
                       

(iii)

Net foreign exchange assets of RBI

1,15,890

1,31,121

4

—

15,075

15.9

15,231

13.1

21,229

19.3

                       

(iv)

Govt.'s currency liabilities to the public

3,120

3,561

—

 

386

 

441

 

256

 
                       

(v)

Net non-monetary liabilities of RBI

43,219

60,101

-4,680

 

9,380

 

16,882

 

15,537

 

* Data relate to scheduled commercial banks only.

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