8. Reserve Money : Components and Sources
| (Rs. crore) | |||||||||||||
| Outstanding as on | Variation over | ||||||||||||
| Financial year so far | Year-on-year | ||||||||||||
| 2004 | Week | ||||||||||||
| 2003-2004 | 2004-2005 | 2003 | 2004 | ||||||||||
| Item | Mar. 31# | Apr. 30# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
| Reserve Money | 4,36,429 | 4,34,926 | 6,430 | 1.5 | 16,810 | 4.6 | –1,504 | –0.3 | 40,149 | 11.6 | 49,055 | 12.7 | |
| Components (i+ii+iii) | |||||||||||||
| (i) | Currency in circulation | 3,27,023 | 3,41,112 | 364 | 0.1 | 12,659 | 4.5 | 14,089 | 4.3 | 30,676 | 11.6 | 45,980 | 15.6 |
| (ii) | Bankers' deposits with RBI | 1,04,365 | 90,141 | 6,173 | 7.4 | 4,436 | 5.3 | –14,224 | –13.6 | 8,728 | 11.0 | 2,359 | 2.7 |
| (iii) | "Other" deposits with RBI | 5,041 | 3,673 | –107 | –285 | –1,369 | 746 | 715 | |||||
| Sources (i+ii+iii+iv-v) | |||||||||||||
| (i) | Net RBI credit to Government | 47,555 | 13,361 | 4,984 | 59.5 | 8,779 | 7.3 | –34,194 | –71.9 | –31,611 | –19.6 | –1,16,097 | –89.7 |
| of which : to Centre | 43,806 | 7,689 | 1,929 | 13,679 | –36,117 | –29,601 | –1,18,975 | ||||||
| (ii) | RBI credit to banks & comm. sector | 7,481 | 5,437 | –243 | –4.3 | –1,159 | –11.4 | –2,043 | –27.3 | –8,708 | –49.0 | –3,612 | –39.9 |
| o/w : to banks (includes NABARD) | 5,419 | 3,415 | –243 | –1,105 | –2,004 | –5,770 | –2,640 | ||||||
| (iii) | Net foreign exchange assets of RBI | 4,84,413 | 5,20,009 | 5,478 | 1.1 | 9,223 | 2.6 | 35,596 | 7.3 | 95,120 | 34.9 | 1,52,542 | 41.5 |
| (iv) | Govt.'s currency liabilities to the public | 7,291 | 7,291 | — | 36 | — | 723 | 184 | |||||
| (v) | Net non-monetary liabilities of RBI | 1,10,310 | 1,11,172 | 3,789 | 69 | 862 | 15,375 | –16,038 | |||||
| Note : Government Balances as on March 31, 2004 are before closure of accounts. | |||||||||||||
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