8. Reserve Money : Components and Sources - RBI - Reserve Bank of India
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# | Jul. 25# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,69,061 | 3,79,491 | 3,427 | 0.9 | 3,744 | 1.1 | 10,429 | 2.8 | 35,440 | 11.6 | 37,777 | 11.1 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,82,473 | 2,95,812 | –3,798 | –1.3 | 10,016 | 4.0 | 13,339 | 4.7 | 33,001 | 14.5 | 34,822 | 13.3 |
(ii) | Bankers' deposits with RBI | 83,346 | 78,841 | 6,844 | 9.5 | –7,200 | –8.6 | –4,505 | –5.4 | 2,178 | 2.9 | 1,894 | 2.5 |
(iii) | "Other" deposits with RBI | 3,242 | 4,838 | 382 | 928 | 1,596 | 261 | 1,060 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,20,679 | 96,706 | 3,999 | 4.3 | 3,154 | 2.1 | –23,973 | –19.9 | –6,223 | –3.9 | –58,625 | –37.7 |
of which : to Centre | 1,12,985 | 93,572 | 6,246 | 9,577 | –19,413 | –7,423 | –57,389 | ||||||
(ii) | RBI credit to banks & comm. sector | 10,208 | 7,425 | –784 | –9.5 | –7,003 | –42.0 | –2,783 | –27.3 | –15,666 | –61.8 | –2,249 | –23.2 |
o/w : to banks (includes NABARD) | 7,160 | 4,480 | –803 | –3,999 | –2,680 | –6,975 | –2,270 | ||||||
(iii) | Net foreign exchange assets of RBI | 3,58,244 | 3,91,984 | 3,140 | 0.8 | 27,402 | 10.4 | 33,740 | 9.4 | 85,458 | 41.5 | 1,00,613 | 34.5 |
(iv) | Govt.'s currency liabilities to the public | 7,071 | 7,073 | — | 300 | 1 | 1,026 | 407 | |||||
(v) | Net non-monetary liabilities of RBI | 1,27,141 | 1,23,697 | 2,928 | 20,109 | –3,444 | 29,155 | 2,369 | |||||
Government Balances as on March 31, 2003 are after closure of accounts. |