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Weekly Statistical Supplement


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Date : May 22, 2004
8. Reserve Money : Components and Sources

(Rs. crore)

Outstanding as on

Financial year so far

Variation over

Year-on-year

2004

Week

2003-2004

2004-2005

2003

2004

Item

Mar. 31#

May 14#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,32,554

6,209

1.5

17,261

4.7

–3,875

–0.9

36,298

10.4

46,232

12.0

Components (i+ii+iii)

(i)

Currency in circulation

3,27,023

3,47,627

1,396

0.4

21,974

7.8

20,604

6.3

34,114

12.6

43,180

14.2

(ii)

Bankers' deposits with RBI

1,04,365

81,379

4,821

6.3

–4,145

–5.0

–22,986

–22.0

1,826

2.4

2,178

2.7

(iii)

"Other" deposits with RBI

5,041

3,548

–7

–569

–1,493

358

875

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

(i)

Net RBI credit to Government

44,907

8,921

4,254

91.1

6,197

5.1

–35,986

–80.1

–42,188

–25.0

–1,17,955

–93.0

of which : to Centre

36,920

4,957

3,685

13,186

–31,962

–37,699

–1,21,213

(ii)

RBI credit to banks & comm. sector

7,481

4,308

72

1.7

–1,695

–16.6

–3,173

–42.4

–6,138

–41.9

–4,206

–49.4

o/w : to banks (includes NABARD)

5,419

2,287

73

–1,569

–3,132

–4,105

–3,304

(iii)

Net foreign exchange assets of RBI

4,84,413

5,32,804

8,577

1.6

15,249

4.3

48,391

10.0

1,01,203

37.2

1,59,311

42.7

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

36

723

184

(v)

Net non-monetary liabilities of RBI

1,07,663

1,20,769

6,694

2,526

13,107

17,302

–8,898

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



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