Reserve Money: Components and Sources

RbiAnnouncementWeb

Date: May 12, 2023

(₹ Crore)
Item	Outstanding as on		Variation over
	2023		Week		Financial Year so far				Year-on-Year
	2023		Week		2022-23		2023-24*		2022		2023
	Mar. 24	May 5	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
Reserve Money	4313542	4442586	-31494	-0.7	-23989	–0.6	129044	3.0	456756	12.7	397688	9.8
1 Components (1.1+1.2+1.3)
1.1 Currency in Circulation	3380418	3475932	20650	0.6	98639	3.1	95513	2.8	292358	9.9	243577	7.5
1.2 Bankers' Deposits with RBI	867793	898439	-52649	–5.5	-120155	–13.7	30646	3.5	157322	26.3	141868	18.8
1.3 ‘Other’ Deposits with RBI	65330	68215	506	0.7	-2472	–4.2	2885	4.4	7076	14.5	12244	21.9
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net RBI Credit to Government	1201651	1404199	-21250		-180321		202548		116874		133923
2.1.1 Net RBI Credit to Centre	1194069	1388787	-32167		-199400		194718		103748		139215
2.2 RBI Credit to Banks & Commercial Sector	87564	-61811	-29489		83027		-149375		4303		398864
2.2.1 RBI's Net Claims on Banks	67168	-84009	-29687		91823		-151176		2505		384441
2.3 Net Foreign Exchange Assets of RBI	4606680	4708747	57534	1.2	-14117	–0.3	102067	2.2	115076	2.7	280384	6.3
2.4 Government’s Currency Liabilities to the Public	30007	30482			147	0.5	475	1.6	1187	4.4	2322	8.2
2.5 Net Non-Monetary Liabilities of RBI	1612360	1639030	38288	2.4	-87275	–6.7	26670	1.7	-219316	–15.2	417805	34.2
* With respect to March 24, 2023.