Reserve Money: Components and Sources

RbiAnnouncementWeb

Date: March 15, 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	Mar. 8	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
Reserve Money	4386759	4541491	-20769	-0.46	237124	5.8	154733	3.5	421169	10.8	235481	5.5
1 Components (1.1+1.2+1.3)
1.1 Currency in Circulation	3378521	3492565	34832	1.01	239837	7.7	114044	3.4	257723	8.3	119011	3.5
1.2 Bankers' Deposits with RBI	930477	965375	-56284	-5.5	-8531	-1.0	34898	3.8	150864	21.0	97179	11.2
1.3 ‘Other’ Deposits with RBI	77761	83552	683	0.8	5818	10.0	5791	7.4	12582	24.3	19290	30.0
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net RBI Credit to Government	1451126	1134272	-20988		-159296		-316854		-3184		-157029
2.1.1 Net RBI Credit to Centre	1450376	1125055	-26996		-158365		-325321		2290		-165553
2.2 RBI Credit to Banks & Commercial Sector	-94443	16652	-25449		548852		111095		660744		11502
2.2.1 RBI's Net Claims on Banks	-120992	5251	-25733		546703		126243		644111		18820
2.3 Net Foreign Exchange Assets of RBI	4587355	5113700	77093	1.5	-12416	-0.3	526344	11.5	-175924	-3.8	683637	15.4
2.4 Government’s Currency Liabilities to the Public	30285	33198			1994	7.1	2912	9.6	2125	7.6	3191	10.6
2.5 Net Non-Monetary Liabilities of RBI	1587565	1756330	51425	3.0	142010	10.9	168765	10.6	62592	4.5	305820	21.1