8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||||
| Outstanding as on | Variation over | ||||||||||||
| Financial year so far | Year-on-year | ||||||||||||
| 2004 | Week | ||||||||||||
| 2003-2004 | 2004-2005 | 2003 | 2004 | ||||||||||
| Item | Mar. 31 | Jul. 23# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
| Reserve Money | 4,36,512 | 4,24,344 | –5,089 | –1.2 | 9,691 | 2.6 | –12,168 | –2.8 | 37,038 | 10.8 | 45,592 | 12.0 | |
| Components (i+ii+iii) | |||||||||||||
| (i) | Currency in circulation | 3,27,028 | 3,37,529 | –3,605 | –1.1 | 13,441 | 4.8 | 10,501 | 3.2 | 34,925 | 13.4 | 41,615 | 14.1 |
| (ii) | Bankers' deposits with RBI | 1,04,365 | 82,275 | –1,536 | –1.8 | –4,505 | –5.4 | –22,090 | –21.2 | 1,894 | 2.5 | 3,433 | 4.4 |
| (iii) | "Other" deposits with RBI | 5,119 | 4,541 | 53 | 754 | –579 | 219 | 544 | |||||
| Sources (i+ii+iii+iv-v) | |||||||||||||
| (i) | Net RBI credit to Government | 44,907 | 2,363 | –4,951 | –67.7 | –23,973 | –19.9 | –42,545 | –94.7 | –58,625 | –37.7 | –94,343 | –97.6 |
| of which : to Centre | 36,920 | –1,640 | –5,333 | –19,413 | –38,559 | –57,389 | –95,211 | ||||||
| (ii) | RBI credit to banks & comm. sector | 7,481 | 5,120 | –113 | –2.2 | –2,784 | –27.3 | –2,361 | –31.6 | –2,249 | –23.3 | –2,305 | –31.0 |
| o/w : to banks (includes NABARD) | 5,419 | 3,230 | –113 | –2,680 | –2,189 | –2,270 | –1,250 | ||||||
| (iii) | Net foreign exchange assets of RBI | 4,84,413 | 5,46,541 | –6,456 | –1.2 | 33,740 | 9.4 | 62,128 | 12.8 | 1,00,613 | 34.5 | 1,54,556 | 39.4 |
| (iv) | Govt.'s currency liabilities to the public | 7,296 | 7,312 | — | 104 | 17 | 509 | 137 | |||||
| (v) | Net non-monetary liabilities of RBI | 1,07,585 | 1,36,991 | –6,432 | –2,603 | 29,406 | 3,210 | 12,453 | |||||
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