8. Reserve Money : Components and Sources
(Rs.crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
2002 | Week | Financial year so far | Year-on-year | ||||||||||
2001-2002 | 2002-2003 | 2001 | 2002 | ||||||||||
Item | Mar. 31 | Nov. 8# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,970 | 3,44,392 | –11,875 | –3.3 | 3,990 | 1.3 | 6,422 | 1.9 | 14,693 | 5.0 | 37,091 | 12.1 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,75,626 | 9,227 | 3.5 | 21,762 | 10.0 | 24,652 | 9.8 | 24,997 | 11.6 | 35,659 | 14.9 |
(ii) | Bankers' deposits with RBI | 84,147 | 65,778 | –20,901 | –24.1 | –17,124 | –21.0 | –18,369 | –21.8 | –10,505 | –14.0 | 1,425 | 2.2 |
(iii) | "Other" deposits with RBI | 2,850 | 2,988 | –201 | –649 | 138 | 201 | 7 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,28,410 | –14,100 | –9.9 | –1,543 | –1.0 | –23,768 | –15.6 | –19,241 | –11.2 | –23,924 | –15.7 |
of which : to Centre | 1,41,384 | 1,20,730 | –16,852 | –1,469 | –20,653 | –21,807 | –24,334 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 9,335 | –128 | –1.4 | –6,735 | –25.7 | –7,342 | –44.0 | –6,833 | –25.9 | –10,182 | –52.2 |
o/w : to banks (includes NABARD) | 10,748 | 6,392 | –129 | –2,767 | –4,357 | –3,156 | –3,806 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 3,15,551 | 3,216 | 1.0 | 24,908 | 12.6 | 51,582 | 19.5 | 56,621 | 34.2 | 93,468 | 42.1 |
(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 | 1,15,565 | 863 | 13,177 | 14,346 | 16,701 | 23,043 | |||||
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