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Weekly Statistical Supplement


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Date : Apr 19, 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. 11#

 Amount

%

 Amount

%

 Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,68,931

3,64,232

7,709

2.2

–4,724

–1. 4

–4,699

–1. 3

31,301

10.4

30,986

9.3

              

Components (i+ii+iii)

            

(i)

Currency in circulation

2,82,312

2,91,376

7,113

2.5

9,078

3.6

9,065

3.2

32,379

14.2

31,324

12.0

(ii)

Bankers' deposits with RBI

83,346

69,676

1,272

1.9

–13,29 8

  –15. 8

–13,67 0

 –16. 4

40

0.1

–1,17 4

–1. 7

(iii)

"Other" deposits with RBI

3,273

3,180

–67 6

 

–50 5

 

–9 3

 

–1,118

 

836

 
              

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

            

(i)

Net RBI credit to Government

1,20,102

1,11,202

5,226

4.9

1,547

1.0

–8,90 0

–7. 4

–3,655

–2. 3

–42,523

 –27. 7

 

of which : to Centre

1,16,015

1,07,937

4,449

 

5,698

 

–8,07 8

 

–3,004

 

–39,144

 

(ii)

RBI credit to banks & comm. sector

10,208

9,540

–248

–2. 5

–4,320

–25. 9

–668

–6. 5

–9,299

–42.9

–2,81 6

–22. 8

 

o/w : to banks (includes NABARD)

7,160

6,537

–24 0

 

–1,891

 

–623

 

–3,703

 

–2,32 0

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,59,128

3,441

1.0

4,023

1.5

884

0.2

67,798

33.9

91,135

34.0

(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

1,22,547

710

 

5,974

 

–3,98 6

 

24,555

 

15,353

 

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

         

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