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No.12 : SOURCES OF RESERVE MONEY



                                                                                      (Rs. in crores)
----------------------------------------------------------------------------------------------------------
                               Reserve Bank's claims on         Net foreign Govern-   Net non-   Reserve
                      ------------------------------------------exchange    ment's    monetary   Money
Outstanding as on     Govern-   Commer-      National  Commer-  assets of   currency  liabilities(2+3+4+5
March 31/each Friday/ ment      cial & co-   Bank for  cial     RBI (3)     liabili-  of RBI (3) +6+7-8)
last reporting        (net)(1)  operative    Agricul-  sector(2)            ties to
Friday of the month             banks        ture and                       the public
                                             Rural
                                             Development
----------------------------------------------------------------------------------------------------------
          1               2         3            4         5         6          7          8         9
----------------------------------------------------------------------------------------------------------

1990-91                 88,848      6,895        3,112    6,342       7,983     1,621     27,022   87,779

1991-92                 94,016      1,265        3,837    7,260      18,838     1,704     27,415   99,505

1992-93                 98,449      5,555        4,330    6,220      22,647     1,824     28,246  110,779

1993-94                 99,300      1,878        3,673    6,445      51,422     1,991     26,037  138,672

1994-95                101,478      8,683        4,787    6,593      74,720     2,379     29,358  169,282

1995-96                121,349     16,964        4,991    6,855      74,092     2,386     32,301  194,336

February 9,1996        118,217     16,055        5,195    6,848      74,330     2,437     37,243  185,839

February 16,1996       116,524     14,634        5,191    6,560      74,562     2,468     37,020  182,919

February 23,1996       117,562     16,585        5,220    6,821      74,511     2,468     37,027  186,140

March 1,1996           117,853     13,289        4,356    6,484      72,225     2,468     34,909  181,766


October 1996           125,738      2,861        4,540    6,175      83,477     2,843     36,088  189,546

November 1996          126,950      1,945        4,592    6,277      85,301     2,847     37,070  190,842

December1996           126,081      2,010        4,649    6,274      85,387     2,847     36,986  190,262

January 1997           119,054      1,734        4,499    6,265      85,897     2,847     36,772  183,524

February 7,1997        127,365      1,242        4,420    6,266      85,988     2,847     36,549  191,579

February 14,1997       127,640      1,959        4,485    6,277      84,151     2,847     35,362  191,997

February 21,1997       125,099      1,253        5,132    6,254      84,179     2,847     34,300  190,464

February 28,1997       117,614      1,817        4,939    6,228      84,970     2,847     34,102  184,313
----------------------------------------------------------------------------------------------------------

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