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Weekly Statistical Supplement


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Date : Apr 10, 2004
8. Reserve Money : Components and Sources

(Rs. crore)

   

Outstanding as on

       

Variation over

       
   

2004

 

Week

 

Financial year so far

   

Year-on-year

 
           

2003-2004

2004-2005

2003

 

2004

Item

Mar. 31#

Apr. 2#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

 

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,15,562

–1,420

–0.3

–12,407

–3.4

–20,867

–4.8

34,077

10.6

58,908

16.5

Components (i+ii+iii)

                       

(i)

Currency in circulation

3,27,023

3,26,416

–862

–0.3

1,952

0.7

–607

–0.2

29,433

11.5

41,991

14.8

(ii)

Bankers' deposits with RBI

1,04,365

84,852

149

0.2

–14,942

–17.9

–19,513

–18.7

3,464

5.3

16,448

24.0

(iii)

"Other" deposits with RBI

5,041

4,294

–707

 

583

 

–747

 

1,180

 

469

 

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

                       

(i)

Net RBI credit to Government

47,555

23,279

–8,702 –27.2

–14,703

–12.2

–24,276

–51.0

–38,060

–26.4

–82,697

–78.0

 

of which : to Centre

43,806

22,599

–4,846

 

–9,496

 

–21,207

 

–32,994

 

–80,890

 

(ii)

RBI credit to banks & comm. sector

7,481

7,938

3,390

74.5

–420

–4.1

458

6.1

–1,185

–10.8

–1,850

–18.9

 

o/w : to banks (includes NABARD)

5,419

5,865

3,373

 

–383

 

446

 

–999

 

–912

 

(iii)

Net foreign exchange assets of RBI

4,84,413

4,87,302

–6,346

–1.3

–2,557

–0.7

2,889

0.6

89,267

33.5

1,31,616

37.0

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

 

 

 

705

 

220

 

(v)

Net non-monetary liabilities of RBI

1,10,310

1,10,248

–10,238

 

–5,274

 

–62

 

16,649

 

–11,620

 


Note : Government Balances as on March 31, 2004 are before closure of accounts.



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