8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2002 | 2003 | Week | 2001-2002 | 2002-2003 | 2002 | 2003 | |||||||
Item | Mar. 31 | Feb. 7# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,37,970 | 3,53,375 | 4,801 | 1.4 | 20,871 | 6.9 | 15,404 | 4.6 | 29,173 | 9.9 | 29,192 | 9.0 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,50,974 | 2,78,967 | 6,055 | 2.2 | 28,123 | 12.9 | 27,993 | 11.2 | 28,361 | 13.0 | 32,640 | 13.3 |
(ii) | Bankers' deposits with RBI | 84,147 | 71,554 | –1,041 | –1.4 | –5,838 | –7.2 | –12,593 | –15.0 | 799 | 1.1 | –4,086 | –5.4 |
(iii) | "Other" deposits with RBI | 2,850 | 2,854 | –213 | –1,414 | 4 | 14 | 638 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,52,178 | 1,08,508 | 187 | 0.2 | 1,888 | 1.2 | –43,670 | –28.7 | 1,710 | 1.1 | –47,257 | –30.3 |
of which : to Centre | 1,41,384 | 1,02,984 | 126 | 3,212 | –38,400 | 207 | –46,762 | ||||||
(ii) | RBI credit to banks & comm. sector | 16,677 | 8,965 | –506 | –5.3 | –4,871 | –18.6 | –7,712 | –46.2 | –2,806 | –11.6 | –12,416 | –58.1 |
o/w : to banks (includes NABARD) | 10,748 | 6,059 | –473 | 219 | –4,689 | 169 | –7,125 | ||||||
(iii) | Net foreign exchange assets of RBI | 2,63,969 | 3,56,290 | 4,613 | 1.3 | 44,967 | 22.8 | 92,321 | 35.0 | 48,666 | 25.2 | 1,14,148 | 47.1 |
(iv) | Govt.'s currency liabilities to the public | 6,366 | 6,851 | — | 802 | 485 | 932 | 696 | |||||
(v) | Net non-monetary liabilities of RBI | 1,01,220 | 1,27,239 | –507 | 21,915 | 26,019 | 19,329 | 25,978 | |||||
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