Reserve Money : Components and Sources

RbiAnnouncementWeb

Date: March 23, 2018

(₹ Billion)
Item	Outstanding as on		Variation over
	2017	2018	Week		Financial Year so far				Year–on–Year
	2017	2018	Week		2016–17		2017–18		2017		2018
	Mar. 31	Mar. 16	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
Reserve Money	19,004.8	23,324.4	177.4	0.8	–4,277.7	–19.6	4,319.5	22.7	–3,332.6	–16.0	5,794.7	33.1
1 Components (1.1+1.2+1.3)
1.1 Currency in Circulation	13,352.7	18,228.7	93.2	0.5	–3,828.6	–23.0	4,876.1	36.5	–3,792.4	–22.8	5,422.7	42.3
1.2 Bankers' Deposits with RBI	5,441.3	4,885.9	83.2	1.7	–454.6	–9.1	–555.4	–10.2	435.1	10.5	322.2	7.1
1.3 ‘Other’ Deposits with RBI	210.9	209.8	1.0	0.5	5.4	3.5	–1.1	–0.5	24.8	18.3	49.8	31.2
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net RBI Credit to Government	6,208.1	4,493.0	12.2		1,709.8		–1,715.1		1,660.7		–1,466.7
2.1.1 Net RBI Credit to Centre	6,195.9	4,471.2	50.6		1,662.4		–1,724.7		1,617.7		–1,436.8
2.2 RBI Credit to Banks & Commercial Sector	–3,092.8	196.7	144.7		–7,200.1		3,289.5		–6,400.3		4,351.4
2.2.1 RBI's Net Claims on Banks	–3,165.7	104.8	140.1		–7,046.1		3,270.5		–6,360.2		4,306.4
2.3 Net Foreign Exchange Assets of RBI	23,972.1	27,332.6	–91.7	–0.3	211.4	0.9	3,360.5	14.0	419.5	1.8	3,286.4	13.7
2.4 Government’s Currency Liabilities to the Public	250.9	256.0			30.4	13.9	5.1	2.0	30.4	13.9	6.5	2.6
2.5 Net Non-Monetary Liabilities of RBI	8,333.5	8,954.0	–112.3	–1.2	–970.7	–10.2	620.5	7.4	–957.2	–10.0	383.0	4.5