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. 14# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,825 | 3,44,814 | 2,665 | 0.8 | 13,810 | 4.6 | 6,988 | 2.1 | 37,719 | 13.5 | 27,692 | 8.7 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,833 | 2,71,142 | –346 | –0.1 | 19,970 | 9.2 | 20,309 | 8.1 | 26,327 | 12.4 | 32,967 | 13.8 |
(ii) | Bankers' deposits with RBI | 84,147 | 71,321 | 2,717 | 4.0 | –5,724 | –7.0 | –12,826 | –15.2 | 12,706 | 20.2 | –4,432 | –5.9 |
(iii) | "Other" deposits with RBI | 2,845 | 2,350 | 294 | –436 | –495 | –1,314 | –843 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,54,471 | 1,66,991 | 2,338 | 1.4 | 18,295 | 11.9 | 12,520 | 8.1 | 14,464 | 9.2 | –5,181 | –3.0 |
of which : to Centre | 1,46,028 | 1,62,841 | 2,128 | 22,423 | 16,813 | 14,018 | –6,116 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 9,801 | 65 | 0.7 | –3,674 | –14.0 | –6,876 | –41.2 | –7,742 | –25.5 | –12,776 | –56.6 |
o/w : to banks (includes NABARD) | 10,748 | 6,822 | 78 | –1,554 | –3,927 | –5,575 | –4,589 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 2,77,079 | 1,053 | 0.4 | 5,636 | 2.9 | 13,110 | 5.0 | 38,547 | 23.5 | 74,268 | 36.6 |
(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 | 1,15,283 | 790 | 6,581 | 11,767 | 8,345 | 29,357 | |||||
Government Balances as on March 31, 2002 are before closure of accounts. | |||||||||||||
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