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Weekly Statistical Supplement


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Date : Feb 27, 1999
8. Reserve Money : Components and Sources

(Rs. crore)


  

Outstanding
as on

  

Variation over

   

 

Item

    

Financial year so far

   
  

1998

1999

Week

1997-98

1998-99

Year


  

Mar. 31#

Feb. 12#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,26,233

2,52,341

257

0.1

9,645

4.8

26,107

11.5

42,710

20.4

            

Components (i+ii+iii)

          
            

(i)

Currency in circulation

1,50,823

1,75,641

1,590

0.9

15,042

11.0

24,817

16.5

23,382

15.4

            
 

of which : cash with banks

5,641

3,958 *

        
            

(ii)

Bankers' deposits with RBI

71,806

73,605

-1,287

-1.7

-5,168

-8.7

1,799

2.5

19,199

35.3

            

(iii)

"Other" deposits with RBI

3,604

3,095

-47

 

-229

 

-509

 

130

 
            

Sources (i+ii+iii+iv-v)

          
            

(i)

Net RBI credit to Government

1,35,160

1,57,068

914

0.6

3,554

2.9

21,908

16.2

29,333

23.0

            
 

of which : to Centre

1,33,617

1,55,362

1,007

 

6,054

 

21,745

 

28,605

 
            

(ii)

RBI credit to banks & comm. sector

15,282

22,188

-957

-4.1

1,024

7.7

6,906

45.2

7,912

55.4

            
 

o/w : to banks (includes NABARD)

7,096

12,691

-703

 

-651

 

5,595

 

6,337

 
            

(iii)

Net foreign exchange assets of RBI

1,15,890

1,30,232

733

0.6

11,631

12.3

14,341

12.4

23,784

22.3

            

(iv)

Govt.'s currency liabilities to the public

3,120

3,561

 

312

 

441

 

331

 
            

(v)

Net non-monetary liabilities of RBI

43,219

60,708

433

 

6,875

 

17,489

 

18,649

 

* Data relate to scheduled commercial banks’ only.


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