8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||
Outstanding | Variation over | ||||||||||
Item | Financial year so far | ||||||||||
1998 | 1999 | Week | 1997-98 | 1998-99 | Year | ||||||
Mar. 31# | Feb. 12# | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | |
Reserve Money | 2,26,233 | 2,52,341 | 257 | 0.1 | 9,645 | 4.8 | 26,107 | 11.5 | 42,710 | 20.4 | |
Components (i+ii+iii) | |||||||||||
(i) | Currency in circulation | 1,50,823 | 1,75,641 | 1,590 | 0.9 | 15,042 | 11.0 | 24,817 | 16.5 | 23,382 | 15.4 |
of which : cash with banks | 5,641 | 3,958 * | |||||||||
(ii) | Bankers' deposits with RBI | 71,806 | 73,605 | -1,287 | -1.7 | -5,168 | -8.7 | 1,799 | 2.5 | 19,199 | 35.3 |
(iii) | "Other" deposits with RBI | 3,604 | 3,095 | -47 | -229 | -509 | 130 | ||||
Sources (i+ii+iii+iv-v) | |||||||||||
(i) | Net RBI credit to Government | 1,35,160 | 1,57,068 | 914 | 0.6 | 3,554 | 2.9 | 21,908 | 16.2 | 29,333 | 23.0 |
of which : to Centre | 1,33,617 | 1,55,362 | 1,007 | 6,054 | 21,745 | 28,605 | |||||
(ii) | RBI credit to banks & comm. sector | 15,282 | 22,188 | -957 | -4.1 | 1,024 | 7.7 | 6,906 | 45.2 | 7,912 | 55.4 |
o/w : to banks (includes NABARD) | 7,096 | 12,691 | -703 | -651 | 5,595 | 6,337 | |||||
(iii) | Net foreign exchange assets of RBI | 1,15,890 | 1,30,232 | 733 | 0.6 | 11,631 | 12.3 | 14,341 | 12.4 | 23,784 | 22.3 |
(iv) | Govt.'s currency liabilities to the public | 3,120 | 3,561 | | 312 | 441 | 331 | ||||
(v) | Net non-monetary liabilities of RBI | 43,219 | 60,708 | 433 | 6,875 | 17,489 | 18,649 | ||||
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