Reserve Money: Components and Sources

RbiAnnouncementWeb

Date: February 23, 2024

(₹ Crore)
Item	Outstanding as on		Variation over
	2023	2024	Week		Financial Year so far				Year-on-Year
	2023	2024	Week		2022-23		2023-24		2023		2024
	Mar. 31	Feb. 16	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
Reserve Money	4386759	4555330	55980	1.24	217101	5.3	168572	3.8	402201	10.4	269343	6.3
1 Components (1.1+1.2+1.3)
1.1 Currency in Circulation	3378521	3449954	1857	0.1	196618	6.3	71433	2.1	253197	8.2	119619	3.6
1.2 Bankers' Deposits with RBI	930477	1023709	56180	5.8	11973	1.4	93232	10.0	136878	18.2	135009	15.2
1.3 ‘Other’ Deposits with RBI	77761	81668	-2057	-2.46	8510	14.6	3907	5.0	12126	22.1	14714	22.0
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net RBI Credit to Government	1451126	1068132	69650		-201842		-382994		-10829		-180622
2.1.1 Net RBI Credit to Centre	1450376	1054882	76613		-212601		-395495		-19189		-181490
2.2 RBI Credit to Banks & Commercial Sector	-94443	186393	-12214		573735		280835		684472		156359
2.2.1 RBI's Net Claims on Banks	-120992	175654	-13775		578765		296646		675071		157161
2.3 Net Foreign Exchange Assets of RBI	4587355	4964788	-10687	-0.21	40491	0.9	377432	8.2	-67897	-1.5	481817	10.7
2.4 Government’s Currency Liabilities to the Public	30285	32887			1778	6.3	2602	8.6	2026	7.3	3097	10.4
2.5 Net Non-Monetary Liabilities of RBI	1587565	1696869	-9232	-0.5	197061	15.1	109304	6.9	205571	15.8	191308	12.7