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 | Jul. 26# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,970 | 3,41,490 | 8,769 | 2.6 | 2,963 | 1.0 | 3,519 | 1.0 | 36,716 | 13.6 | 35,216 | 11.5 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,60,779 | –3,863 | –1.5 | 9,784 | 4.5 | 9,806 | 3.9 | 25,111 | 12.4 | 32,791 | 14.4 |
(ii) | Bankers' deposits with RBI | 84,147 | 76,947 | 12,485 | 19.4 | –6,709 | –8.2 | –7,200 | –8.6 | 12,199 | 19.5 | 2,178 | 2.9 |
(iii) | "Other" deposits with RBI | 2,850 | 3,763 | 147 | –113 | 914 | –594 | 246 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,55,332 | 6,780 | 4.6 | 7,678 | 5.0 | 3,154 | 2.1 | 503 | 0.3 | –6,223 | –3.9 |
of which : to Centre | 1,41,384 | 1,50,960 | 7,058 | 11,849 | 9,577 | 1,075 | –7,423 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 9,674 | 77 | 0.8 | –911 | –3.5 | –7,003 | –42.0 | 4,217 | 20.0 | –15,666 | –61.8 |
o/w : to banks (includes NABARD) | 10,748 | 6,750 | 78 | 760 | –3,999 | 1,630 | –6,975 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 2,91,371 | 876 | 0.3 | 8,738 | 4.4 | 27,402 | 10.4 | 43,542 | 26.8 | 85,458 | 41.5 |
(iv) | Govt.'s currency liabilities to the public | 6,366 | 6,456 | — | 286 | 89 | 814 | 816 | |||||
(v) | Net non-monetary liabilities of RBI | 1,01,220 | 1,21,343 | –1,036 | 12,828 | 20,123 | 12,360 | 29,169 | |||||
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