8. Reserve Money : Components and Sources - RBI - Reserve Bank of India
8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Financial year so far | Variation over | Year-on-year | ||||||||||
2004 | Week | 2003-2004 | 2004-2005 | 2003 | 2004 | ||||||||
Item | Mar. 31# | May 14# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
Reserve Money | 4,36,429 | 4,32,554 | 6,209 | 1.5 | 17,261 | 4.7 | –3,875 | –0.9 | 36,298 | 10.4 | 46,232 | 12.0 | |
Components (i+ii+iii) | |||||||||||||
(i) | Currency in circulation | 3,27,023 | 3,47,627 | 1,396 | 0.4 | 21,974 | 7.8 | 20,604 | 6.3 | 34,114 | 12.6 | 43,180 | 14.2 |
(ii) | Bankers' deposits with RBI | 1,04,365 | 81,379 | 4,821 | 6.3 | –4,145 | –5.0 | –22,986 | –22.0 | 1,826 | 2.4 | 2,178 | 2.7 |
(iii) | "Other" deposits with RBI | 5,041 | 3,548 | –7 | –569 | –1,493 | 358 | 875 | |||||
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net RBI credit to Government | 44,907 | 8,921 | 4,254 | 91.1 | 6,197 | 5.1 | –35,986 | –80.1 | –42,188 | –25.0 | –1,17,955 | –93.0 |
of which : to Centre | 36,920 | 4,957 | 3,685 | 13,186 | –31,962 | –37,699 | –1,21,213 | ||||||
(ii) | RBI credit to banks & comm. sector | 7,481 | 4,308 | 72 | 1.7 | –1,695 | –16.6 | –3,173 | –42.4 | –6,138 | –41.9 | –4,206 | –49.4 |
o/w : to banks (includes NABARD) | 5,419 | 2,287 | 73 | –1,569 | –3,132 | –4,105 | –3,304 | ||||||
(iii) | Net foreign exchange assets of RBI | 4,84,413 | 5,32,804 | 8,577 | 1.6 | 15,249 | 4.3 | 48,391 | 10.0 | 1,01,203 | 37.2 | 1,59,311 | 42.7 |
(iv) | Govt.'s currency liabilities to the public | 7,291 | 7,291 | — | 36 | — | 723 | 184 | |||||
(v) | Net non-monetary liabilities of RBI | 1,07,663 | 1,20,769 | 6,694 | 2,526 | 13,107 | 17,302 | –8,898 | |||||
Note : Government Balances as on March 31, 2004 are after closure of accounts. |