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. 19# | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | |
Reserve Money | 2,26,233 | 2,56,108 | 4,276 | 1.7 | 19,249 | 9.6 | 29,875 | 13.2 | 36,874 | 16.8 | |
Components (i+ii+iii) | |||||||||||
(i) | Currency in circulation | 1,50,823 | 1,77,595 | -1,017 | -0.6 | 16,399 | 12.0 | 26,771 | 17.8 | 23,979 | 15.6 |
of which : cash with banks | 5,641 | .. | |||||||||
(ii) | Bankers' deposits with RBI | 71,806 | 75,242 | 4,863 | 6.9 | 2,844 | 4.8 | 3,437 | 4.8 | 12,824 | 20.5 |
(iii) | "Other" deposits with RBI | 3,604 | 3,271 | 430 | 7 | -333 | 71 | ||||
Sources (i+ii+iii+iv-v) | |||||||||||
(i) | Net RBI credit to Government | 1,35,160 | 1,53,072 | -2,982 | -1.9 | 9,857 | 7.9 | 17,912 | 13.3 | 19,035 | 14.2 |
of which : to Centre | 1,33,617 | 1,50,366 | -2,854 | 11,290 | 16,749 | 18,373 | |||||
(ii) | RBI credit to banks & comm. sector | 15,282 | 27,216 | 6,019 | 28.4 | 865 | 6.5 | 11,934 | 78.1 | 13,099 | 92.8 |
o/w : to banks (includes NABARD) | 7,096 | 15,080 | 2,636 | -822 | 7,983 | 8,897 | |||||
(iii) | Net foreign exchange assets of RBI | 1,15,890 | 1,32,392 | 1,271 | 1.0 | 16,941 | 17.9 | 16,502 | 14.2 | 20,634 | 18.5 |
(iv) | Govt.'s currency liabilities to the public | 3,120 | 3,561 | | 386 | 441 | 256 | ||||
(v) | Net non-monetary liabilities of RBI | 43,219 | 60,133 | 32 | 8,800 | 16,914 | 16,150 | ||||
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