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# | Jun. 7# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,825 | 3,42,148 | 3,784 | 1.1 | 13,094 | 4.3 | 4,323 | 1.3 | 35,477 | 12.6 | 25,743 | 8.1 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,833 | 2,71,488 | 4,398 | 1.6 | 21,260 | 9.7 | 20,655 | 8.2 | 27,022 | 12.7 | 32,023 | 13.4 |
(ii) | Bankers' deposits with RBI | 84,147 | 68,604 | –419 | –0.6 | –6,630 | –8.1 | –15,543 | –18.5 | 8,750 | 13.2 | –6,243 | –8.3 |
(iii) | "Other" deposits with RBI | 2,845 | 2,056 | –195 | –1,537 | –789 | –294 | –37 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,54,471 | 1,64,653 | 4,952 | 3.1 | 16,776 | 10.9 | 10,183 | 6.6 | 12,506 | 7.9 | –5,999 | –3.5 |
of which : to Centre | 1,46,028 | 1,60,713 | 5,516 | 21,457 | 14,685 | 11,889 | –7,278 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 9,736 | –776 | –7.4 | –3,139 | –12.0 | –6,940 | –41.6 | –7,459 –24.4 | –13,376 | –57.9 | |
o/w : to banks (includes NABARD) | 10,748 | 6,744 | –674 | –1,064 | –4,004 | –5,411 | –5,158 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 2,76,026 | 793 | 0.3 | 4,758 | 2.4 | 12,057 | 4.6 | 37,048 | 22.5 | 74,094 | 36.7 |
(iv) | Govt.'s currency liabilities to the public | 6,225 | 6,225 | - | 135 | - | 795 | 737 | |||||
(v) | Net non-monetary liabilities of RBI | 1,03,517 | 1,14,493 | 1,184 | 5,435 | 10,977 | 7,413 | 29,713 | |||||
Government Balances as on March 31, 2002 are before closure of accounts. | |||||||||||||
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