8. Reserve Money : Components and Sources
(Rs. crore) | ||||||||||||||||||
Outstanding as on | Variation over | |||||||||||||||||
Financial year so far | Year-on-year | |||||||||||||||||
2003 | 2004 | Week | ||||||||||||||||
2002-2003 | 2003-2004 | 2003 | 2004 | |||||||||||||||
Item | Mar. 31# | Feb. 6# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | ||||||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | ||||||
Reserve Money | 3,69,061 | 3,98,436 | –214 | –0.1 | 15,609 | 4.6 | 29,374 | 8.0 | 29,397 | 9.1 | 44,856 | 12.7 | ||||||
Components (i+ii+iii) | ||||||||||||||||||
(i) | Currency in circulation | 2,82,473 | 3,20,918 | 5,034 | 1.6 | 28,135 | 11.2 | 38,445 | 13.6 | 32,782 | 13.3 | 41,809 | 15.0 | |||||
(ii) | Bankers' deposits with RBI | 83,346 | 73,263 | –4,796 | –6.1 | –12,593 | –15.0 | –10,083 | –12.1 | –4,086 | –5.4 | 1,709 | 2.4 | |||||
(iii) | "Other" deposits with RBI | 3,242 | 4,254 | –451 | 67 | 1,012 | 701 | 1,338 | ||||||||||
Sources (i+ii+iii+iv-v) | ||||||||||||||||||
(i) | Net RBI credit to Government | 1,20,679 | 38,111 | –1,811 | –4.5 | –43,670 | –28.7 | –82,569 | –68.4 | –47,257 | –30.3 | –70,397 | –64.9 | |||||
of which : to Centre | 1,12,985 | 34,307 | –1,534 | –38,400 | –78,678 | –46,762 | –68,677 | |||||||||||
(ii) | RBI credit to banks & comm. sector | 10,208 | 3,842 | –2,075 –35.1 | –7,712 | –46.2 | –6,367 | –62.4 | –12,416 | –58.1 | –5,123 | –57.1 | ||||||
o/w : to banks (includes NABARD) | 7,160 | 1,783 | –2,067 | –4,689 | –5,377 | –7,125 | –4,276 | |||||||||||
(iii) | Net foreign exchange assets of RBI | 3,58,244 | 4,82,697 | 6,855 | 1.4 | 92,321 | 35.0 | 1,24,453 | 34.7 | 1,14,148 | 47.1 | 1,26,407 | 35.5 | |||||
(iv) | Govt.'s currency liabilities to the public | 7,071 | 7,240 | — | 627 | 169 | 838 | 248 | ||||||||||
(v) | Net non-monetary liabilities of RBI | 1,27,141 | 1,33,454 | 3,183 | 25,956 | 6,313 | 25,916 | 6,278 | ||||||||||
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