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8. Reserve Money : Components and Sources
81980180

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on


Variation over


           

Financial year so far


Year-on-year


   

2003

 

Week

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Jul. 4#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,69,061

3,74,297

–11,880

–3.1

5,302

1.6

5,236

1.4

37,954

12.4

31,025

9.0

                           

Components (i+ii+iii)

                       
                           

(i)

Currency in circulation

2,82,473

3,02,225

1,952

0.7

16,676

6.6

19,752

7.0

32,849

14.0

34,575

12.9

(ii)

Bankers' deposits with RBI

83,346

67,528

–14,212

–17.4

–12,317

–14.6

–15,818

–19.0

5,294

8.0

–4,302

–6.0

(iii)

"Other" deposits with RBI

3,242

4,544

381

 

942

 

1,301

 

–189

 

752

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,102

1,02,035

–14,194

–12.2

11,939

7.8

–18,067

–15.0

–2,575

–1.5

–62,082

–37.8

 

of which : to Centre

1,16,015

99,183

–14,236

 

17,303

 

–16,832

 

–3,222

 

–59,504

 

(ii)

RBI credit to banks & comm. sector

10,208

7,728

–917

–10.6

–7,191

–43.1

–2,481

–24.3

–6,869

–42.0

–1,758

–18.5

                           
 

o/w : to banks (includes NABARD)

7,160

4,841

–828

 

–4,196

 

–2,319

 

–1,342

 

–1,710

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,83,517

2,564

0.7

19,167

7.3

25,274

7.1

77,649

37.8

1,00,382

35.5

(iv)

Govt.'s currency liabilities to the public

7,071

7,073

 

168

 

1

 

969

 

538

 
                           

(v)

Net non-monetary liabilities of RBI

1,26,564

1,26,056

–667

 

18,781

 

–508

 

31,220

 

6,055

 

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

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