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# | Oct. 24# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 3,69,061 | 3,81,823 | 8,781 | 2.4 | 1,191 | 0.4 | 12,762 | 3.5 | 29,549 | 9.5 | 42,661 | 12.6 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 2,82,473 | 3,05,366 | 4,185 | 1.4 | 12,688 | 5.1 | 22,893 | 8.1 | 30,750 | 13.2 | 41,705 | 15.8 |
(ii) | Bankers' deposits with RBI | 83,346 | 72,186 | 4,603 | 6.8 | –11,956 | –14.2 | –11,160 | –13.4 | –1,262 | –1.7 | –5 | — |
(iii) | "Other" deposits with RBI | 3,242 | 4,271 | –7 | 459 | 1,028 | 61 | 962 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 1,20,679 | 71,009 | 8,385 | 13.4 | –26,827 | –17.6 | –49,671 | –41.2 | –30,654 | –19.6 | –54,343 | –43.4 |
of which : to Centre | 1,12,985 | 66,684 | 7,166 | –22,219 | –46,300 | –30,203 | –52,481 | ||||||
(ii) | RBI credit to banks & comm. sector | 10,208 | 5,636 | 411 | 7.9 | –7,124 | –42.7 | –4,573 | –44.8 | –12,952 | –57.6 | –3,917 | –41.0 |
o/w : to banks (includes NABARD) | 7,160 | 2,601 | 305 | –4,107 | –4,559 | –5,299 | –4,040 | ||||||
(iii) | Net foreign exchange assets of RBI | 3,58,244 | 4,16,714 | 2,441 | 0.6 | 45,785 | 17.3 | 58,470 | 16.3 | 92,872 | 42.8 | 1,06,960 | 34.5 |
(iv) | Govt.'s currency liabilities to the public | 7,071 | 7,179 | — | 485 | 108 | 962 | 328 | |||||
(v) | Net non-monetary liabilities of RBI | 1,27,141 | 1,18,714 | 2,456 | 11,127 | –8,427 | 20,679 | 6,368 | |||||
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