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Weekly Statistical Supplement


Date : May 15, 2004
8. Reserve Money : Components and Sources

(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2004

Week

2003-2004

2004-2005

2003

2004

Item

Mar. 31#

May 7#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,26,345

–8,580

–2.0

7,349

2.0

–10,084

–2.3

30,821

8.9

49,935

13.3

Components (i+ii+iii)

(i)

Currency in circulation

3,27,023

3,46,231

5,119

1.5

20,728

7.3

19,208

5.9

33,648

12.5

43,031

14.2

(ii)

Bankers' deposits with RBI

1,04,365

76,558

–13,583

–15.1

–12,633

–15.2

–27,807

–26.6

–2,951

–4.0

5,846

8.3

(iii)

"Other" deposits with RBI

5,041

3,556

–117

–746

–1,486

124

1,059

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

(i)

Net RBI credit to Government

47,555

4,668

–8,693

–65.1

–2,595

–2.2

–42,887

–90.2

–44,970

–27.6

–1,13,416

–96.0

of which : to Centre

43,806

1,272

–6,417

1,228

–42,533

–43,380

–1,12,941

(ii)

RBI credit to banks & comm. sector

7,481

4,236

–1,201

–22.1

–1,482

–14.5

–3,245

–43.4

–6,034

–40.9

–4,491

–51.5

o/w : to banks (includes NABARD)

5,419

2,214

–1,201

–1,429

–3,205

–4,484

–3,517

(iii)

Net foreign exchange assets of RBI

4,84,413

5,24,226

4,217

0.8

12,485

3.5

39,813

8.2

97,930

35.9

1,53,497

41.4

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

36

723

184

(v)

Net non-monetary liabilities of RBI

1,10,310

1,14,075

2,903

1,094

3,765

16,829

–14,160

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



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