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8. Reserve Money : Components and Sources
81974963

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on


Variation over


   

2003

Week

Financial year so far

Year-on-year

           

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Jun. 20#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,68,931

3,78,540

–7,644

–2.0

3,931

1.2

9,609

2.6

33,794

11.0

36,639

10.7

Components (i+ii+iii)

                       
                           

(i)

Currency in circulation

2,82,312

3,03,481

–1,940

–0.6

17,507

7.0

21,170

7.5

33,344

14.2

35,001

13.0

(ii)

Bankers' deposits with RBI

83,346

71,073

–6,938

–8.9

–14,609

–17.4

–12,273

–14.7

–144

–0.2

1,535

2.2

                           

(iii)

"Other" deposits with RBI

3,273

3,986

1,234

 

1,033

 

713

 

594

 

103

 
                           

Sources (i+ii+iii+iv-v)

                       
                           

(i)

Net RBI credit to Government

1,20,102

1,09,971

–9,332

–7.8

11,314

7.4

–10,130

–8.4

–2,158

–1.3

–53,521

–32.7

 

of which : to Centre

1,16,015

1,07,799

–9,057

 

17,137

 

–8,216

 

–3,912

 

–50,722

 

(ii)

RBI credit to banks & comm. sector

10,208

8,479

–118

–1.4

–6,951

–41.7

–1,730

–16.9

–10,287

–51.4

–1,247

–12.8

 

o/w : to banks (includes NABARD)

7,160

5,494

–76

 

–3,944

 

–1,667

 

–3,878

 

–1,311

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,82,344

–2,584

–0.7

15,174

5.7

24,100

6.7

75,736

37.2

1,03,201

37.0

(iv)

Govt.'s currency liabilities to the public

6,910

6,910

 

93

 

 

971

 

450

 

(v)

Net non-monetary liabilities of RBI

1,26,533

1,29,163

–4,390

 

15,699

 

2,631

 

30,468

 

12,245

 

Government Balances as on March 31, 2003 are before closure of accounts.

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