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Weekly Statistical Supplement


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Date : Apr 12, 2003
8. Reserve Money : Components and Sources

(Rs. crore)


  

Outstanding as on

Variation over


      

Financial year so far

Year-on-year

  

2003

Week

2002-2003

2003-2004

2002

2003

Item

 

Mar. 31

Apr. 4#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,68,931

3,56,524

–12,297

–3.3

–15,394

–4.6

–12,407

–3.4

31,760

10.9

33,947

10.5

              

Components (i+ii+iii)

            
              

(i)

Currency in circulation

2,82,312

2,84,263

1,078

0.4

4,018

1.6

1,952

0.7

34,220

15.5

29,272

11.5

(ii)

Bankers' deposits with RBI

83,346

68,404

–13,604

–16.6

–19,207

–22.8

–14,942

–17.9

–1,523

–2.3

3,464

5.3

(iii)

"Other" deposits with RBI

3,273

3,856

230

 

–204

 

583

 

–938

 

1,211

 
              

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

            
              

(i)

Net RBI credit to Government

1,20,102

1,05,976

–14,410

–12.0

–8,142

–5.4

–14,126

–11.8

–5,474

–3.7

–38,060

–26.4

 

of which : to Centre

1,16,015

1,03,489

–11,479

 

–4,900

 

–12,526

 

–6,927

 

–32,994

 

(ii)

RBI credit to banks & comm. sector

10,208

9,788

–2,484

–20.2

–5,703

–34.2

–420

–4.1

–8,032

–42.3

–1,185

–10.8

 

o/w : to banks (includes NABARD)

7,160

6,778

–694

 

–2,972

 

–383

 

–2,157

 

–999

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,55,686

–24

2,451

0.9

–2,557

–0.7

67,383

33.9

89,267

33.5

(iv)

Govt.'s currency liabilities to the public

6,910

6,910

 

 

 

1,013

 

543

 

(v)

Net non-monetary liabilities of RBI

1,26,533

1,21,837

–4,621

 

3,999

 

–4,696

 

23,130

 

16,618

 

Government Balances as on March 31, 2003 are before closure of accounts.


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