Weekly Statistical Supplement

(6 kb)
Date : Oct 24, 1998
8. Reserve Money : Components and Sources
(Rs. crore)       Outstanding Variation over       as on                     Item         Financial year so far           1998 Week 1997-98 1998-99 Year       Mar. 31# Oct. 9# Amount % Amount % Amount % Amount %     1 2 3 4 5 6 7 8 9 10 11 Reserve Money 2,26,233 2,34,576 -778 -0.3 5,640 2.8 8,343 3.7 28,951 14.1                           Components (i+ii+iii)                       (i) Currency in circulation 1,50,823 1,61,948 3,114 2.0 8,556 6.2 11,125 7.4 16,175 11.1     of which : cash with                         banks 5,641 3,825*                 (ii) Bankers' deposits with                         RBI 71,806 69,104 -3,836 -5.3 -3,521 -5.9 -2,702 3.8 13,051 23.3   (iii) "Other" deposits with                         RBI 3,604 3,524 -56   605   -80   -275   Sources (i+ii+iii+iv-v)                                                 (i) Net RBI credit to                         Government 1,35,160 1,46,170 1,188 0.8 -8,947 -7.2 11,010 8.1 30,936 26.8     of which : to Centre 1,33,617 1,43,805 -638   -5,964   10,189   29,067     (ii) RBI credit to banks &                         comm. sector 15,282 17,528 -1,299 -6.9 -121 -0.9 2,246 14.7 4,397 33.5     o/w : to banks (includes                         NABARD) 7,096 9,311 -1,295   -1,531   2,215   3,836     (iii) Net foreign exchange                         assets of RBI 1,15,890 1,24,857 819 0.7 13,337 14.1 8,967 7.7 16,703 15.4   (iv) Govt.'s currency                         liabilities to the public 3,120 3,522 -   215   402   389     (v) Net non-monetary                         liabilities of RBI 43,219 57,502 1,486   -1,155   14,283   22,473   * Data relates to scheduled commercial banks' only.