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 | Dec. 6# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | ||
Reserve Money | 3,37,970 | 3,42,462 | 146 | — | 7,595 | 2.5 | 4,492 | 1.3 | 24,058 | 8.4 | 31,556 | 10.1 | ||
Components (i+ii+iii) | ||||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,72,127 | 4,387 | 1.6 | 24,895 | 11.4 | 21,153 | 8.4 | 27,800 | 12.9 | 29,028 | 11.9 | |
(ii) | Bankers' deposits with RBI | 84,147 | 67,597 | –4,090 | –5.7 | –16,164 | –19.8 | –16,550 | –19.7 | –3,831 | –5.5 | 2,285 | 3.5 | |
(iii) | "Other" deposits with RBI | 2,850 | 2,738 | –150 | –1,135 | –112 | 89 | 243 | ||||||
Sources (i+ii+iii+iv-v) | ||||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,17,950 | –183 | –0.2 | –2,560 | –1.7 | –34,228 | –22.5 | –1,999 | –1.3 | –33,366 | –22.1 | |
of which : to Centre | 1,41,384 | 1,11,794 | –2,224 | –4,119 | –29,590 | –6,852 | –30,621 | |||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 9,125 | –177 | –1.9 | –4,498 | –17.1 | –7,551 | –45.3 | 139 | 0.6 | –12,628 | –58.1 | |
o/w : to banks (includes NABARD) | 10,748 | 6,118 | –80 | –1,148 | –4,630 | –739 | –5,699 | |||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 3,26,991 | 3,949 | 1.2 | 28,200 | 14.3 | 63,022 | 23.9 | 40,788 | 22.1 | 1,01,616 | 45.1 | |
(iv) | Govt.'s currency liabilities to the public | 6,366 | 6,661 | — | 639 | 295 | 887 | 669 | ||||||
(v) | Net non-monetary liabilities of RBI | 1,01,220 | 1,18,266 | 3,442 | 14,185 | 17,046 | 15,756 | 24,735 | ||||||
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