8. Reserve Money : Components and Sources
(Rs. crore) | ||||||||||||
Outstanding as on | Variation over | |||||||||||
Financial year so far | Year-on-year | |||||||||||
2002 | Week | 2001-2002 | 2002-2003 | 2001 | 2002 | |||||||
Item | Mar. 31# | May 10# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |
Reserve Money | 3,37,825 | 3,45,397 | –132 | — | 14,687 | 4.8 | 7,572 | 2.2 | 41,635 | 15.1 | 27,398 | 8.6 |
Components (i+ii+iii) | ||||||||||||
(i) Currency in circulation | 2,50,833 | 2,69,395 | 5,097 | 1.9 | 18,848 | 8.6 | 18,562 | 7.4 | 25,307 | 12.0 | 32,342 | 13.6 |
(ii) Bankers' deposits with RBI | 84,147 | 73,664 | –5,391 | –6.8 | –3,556 | –4.4 | –10,483 | –12.5 | 15,998 | 25.8 | –4,257 | –5.5 |
(iii) "Other" deposits with RBI | 2,845 | 2,338 | 162 | –605 | –507 | 330 | –686 | |||||
Sources (i+ii+iii+iv-v) | ||||||||||||
(i) Net RBI credit to Government | 1,54,471 | 1,63,054 | 1,985 | 1.2 | 18,146 | 11.8 | 8,583 | 5.6 | 18,363 | 12.0 | –8,970 | –5.2 |
of which : to Centre | 1,46,028 | 1,57,593 | 1,328 | 22,383 | 11,565 | 17,921 | –11,324 | |||||
(ii) RBI credit to banks & comm. sector | 16,677 | 14,760 | –2,998 –16.9 | –1,557 | –5.9 | –1,917 | –11.5 | –355 | –1.4 | –9,934 | –40.2 | |
o/w : to banks (includes NABARD) | 10,748 | 10,215 | –1,610 | 181 | –533 | –1,762 | –2,931 | |||||
(iii) Net foreign exchange assets of RBI | 2,63,969 | 2,72,799 | 453 | 0.2 | 3,074 | 1.6 | 8,830 | 3.3 | 35,107 | 21.3 | 72,550 | 36.2 |
(iv) Govt.'s currency liabilities to the public | 6,225 | 6,225 | — | 60 | — | 781 | 812 | |||||
(v) Net non-monetary liabilities of RBI | 1,03,517 | 1,11,442 | –429 | 5,037 | 7,925 | 12,261 | 27,060 | |||||
Government Balances as on March 31, 2002 are before closure of accounts. | ||||||||||||
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