Weekly Statistical Supplement

(6 kb)
Date : Nov 07, 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. 23# Amount % Amount % Amount % Amount %     1 2 3 4 5 6 7 8 9 10 11 Reserve Money 2,26,233 2,37,956 -3,235 -1.3 7,455 3.7 11,723 5.2 30,515 14.7                           Components (i+ii+iii)                       (i) Currency in circulation 1,50,823 1,65,189 1,683 1.0 8,356 6.1 14,365 9.5 19,616 13.5     of which : cash with                         banks 5,641 4,032*                 (ii) Bankers' deposits with                         RBI 71,806 69,201 -4,956 -6.7 -1,301 -2.2 -2,604 -3.6 10,928 18.8   (iii) "Other" deposits with                         RBI 3,604 3,566 38   401   -38   -28   Sources (i+ii+iii+iv-v)                                                 (i) Net RBI credit to                         Government 1,35,160 1,48,870 -1,417 -0.9 -8,569 -6.9 13,710 10.1 33,257 28.8     of which : to Centre 1,33,617 1,47,633 -1,631   -6,065   14,017   32,996     (ii) RBI credit to banks &                         comm. sector 15,282 17,642 -2,083 -10.6 280 2.1 2,360 15.4 4,109 30.4     o/w : to banks (includes                         NABARD) 7,096 9,413 -2,083   -1,081   2,317   3,489     (iii) Net foreign exchange                         assets of RBI 1,15,890 1,25,362 193 0.2 13,892 14.7 9,472 8.2 16,654 15.3   (iv) Govt.'s currency                         liabilities to the public 3,120 3,522 -   257   402   347     (v) Net non-monetary                         liabilities of RBI 43,219 57,440 -72   -1,596   14,221   23,852   * Data relate to scheduled commercial banks' only.