8. Reserve Money : Components and Sources
(Rs. crore) | ||||||||||||
Outstanding as on | Variation over | |||||||||||
Week | Financial year so far | Year-on-year | ||||||||||
2002 | 2001-2002 | 2002-2003 | 2001 | 2002 | ||||||||
Item | Mar. 31 | Oct. 18# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |
Reserve Money | 3,37,970 | 3,35,577 | –2,369 | –0.7 | 7,098 | 2.3 | –2,394 | –0.7 | 23,923 | 8.4 | 25,167 | 8.1 |
Components (i+ii+iii) | ||||||||||||
(i) Currency in circulation | 2,50,974 | 2,65,714 | 924 | 0.3 | 13,660 | 6.3 | 14,740 | 5.9 | 23,512 | 11.3 | 33,850 | 14.6 |
(ii) Bankers' deposits with RBI | 84,147 | 66,637 | –3,265 | –4.7 | –6,069 | –7.4 | –17,510 | –20.8 | 315 | 0.4 | –8,771 | –11.6 |
(iii) "Other" deposits with RBI | 2,850 | 3,226 | –29 | –493 | 376 | 96 | 89 | |||||
Sources (i+ii+iii+iv-v) | ||||||||||||
(i) Net RBI credit to Government | 1,52,178 | 1,20,553 | –4,316 | –3.5 | 2,668 | 1.7 | –31,625 | –20.8 | –11,439 | –6.8 | –35,992 | –23.0 |
of which : to Centre | 1,41,384 | 1,15,209 | –3,785 | 4,268 | –26,174 | –13,385 | –35,593 | |||||
(ii) RBI credit to banks & comm. sector | 16,677 | 9,804 | 87 | 0.9 | –3,328 | –12.7 | –6,873 | –41.2 | –1,487 | –6.1 | –13,120 | –57.2 |
o/w : to banks (includes NABARD) | 10,748 | 6,698 | –64 | –1,075 | –4,050 | –1,309 | –5,192 | |||||
(iii) Net foreign exchange assets of RBI | 2,63,969 | 3,10,029 | 1,098 | 0.4 | 19,544 | 9.9 | 46,060 | 17.4 | 55,305 | 34.3 | 93,309 | 43.1 |
(iv) Govt.'s currency liabilities to the public | 6,366 | 6,661 | — | 536 | 295 | 847 | 772 | |||||
(v) Net non-monetary liabilities of RBI | 1,01,220 | 1,11,471 | –762 | 12,323 | 10,251 | 19,303 | 19,803 | |||||
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