8. Reserve Money : Components and Sources - RBI - Reserve Bank of India
8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||
Outstanding | Variation over | ||||||||||
as on | |||||||||||
Item | Financial year so far | ||||||||||
1999 | Week | 1998-99 | 1999-2000 | Year | |||||||
Mar. 31# | May 14# | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | |
Reserve Money | 2,59,220 | 2,66,242 | -1,354 | -0.5 | 7,148 | 3.2 | 7,022 | 2.7 | 32,692 | 14.0 | |
Components (i+ii+iii) | |||||||||||
(i) | Currency in circulation | 1,75,705 | 1,93,048 | 1,645 | 0.9 | 15,030 | 10.0 | 17,344 | 9.9 | 26,962 | 16.2 |
of which : cash with banks | 5,586 | .. | |||||||||
(ii) | Bankers' deposits with RBI | 79,703 | 70,147 | -2,981 | -4.1 | -6,805 | -9.5 | -9,556 | -12.0 | 5,146 | 7.9 |
(iii) | "Other" deposits with RBI | 3,812 | 3,047 | -19 | -1,077 | -766 | 583 | ||||
Sources (i+ii+iii+iv-v) | |||||||||||
(i) | Net RBI credit to Government * | 1,50,132 | 1,54,399 | -3,704 | -2.3 | 13,434 | 9.9 | 4,267 | 2.8 | 5,805 | 3.9 |
of which : to Centre * | 1,45,416 | 1,53,248 | -4,532 | 14,666 | 7,831 | 4,965 | |||||
(ii) | RBI credit to banks & comm. sector | 25,487 | 27,180 | 566 | 2.1 | -880 | -5.8 | 1,692 | 6.6 | 12,778 | 88.7 |
o/w : to banks (includes NABARD) | 13,262 | 14,214 | 96 | -1,068 | 952 | 8,185 | |||||
(iii) | Net foreign exchange assets of RBI | 1,37,954 | 1,42,177 | 1,358 | 1.0 | 420 | 0.4 | 4,223 | 3.1 | 25,867 | 22.2 |
(iv) | Govt.'s currency liabilities to the public | 3,705 | 3,705 | - | 35 | - | 317 | ||||
(v) | Net non-monetary liabilities of RBI | 58,058 | 61,218 | -426 | 5,861 | 3,161 | 12,075 | ||||
* Central Government balances as on March 31, 1999 are after closure of accounts. |