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Weekly Statistical Supplement


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Date : Jun 12, 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#

Jun. 4#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,26,762

461

0.1

9,554

2.6

–9,667

–2.2

36,212

10.6

48,147

12.7

Components (i+ii+iii)

(i)

Currency in circulation

3,27,023

3,45,917

2,856

0.8

22,619

8.0

18,894

5.8

33,370

12.3

40,825

13.4

(ii)

Bankers' deposits with RBI

1,04,365

77,246

–2,365

–3.0

–12,238

–14.7

–27,119

–26.0

2,504

3.7

6,138

8.6

(iii)

"Other" deposits with RBI

5,041

3,599

–30

–827

–1,442

338

1,184

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

(i)

Net RBI credit to Government

44,907

6,812

2,553

59.9

–8,828

–7.3

–38,096

–84.8

–52,802

–32.1

–1,05,039

–93.9

of which : to Centre

36,920

5,016

4,365

–3,014

–31,904

–50,742

–1,04,955

(ii)

RBI credit to banks & comm. sector

7,481

3,916

–1,995

–33.8

–1,704

–16.7

–3,565

–47.7

–1,232

–12.7

–4,589

–54.0

o/w : to banks (includes NABARD)

5,419

1,985

–1,810

–1,658

–3,434

–1,241

–3,518

(iii)

Net foreign exchange assets of RBI

4,84,413

5,35,073

–2,433

–0.5

24,203

6.8

50,660

10.5

1,06,421

38.6

1,52,626

39.9

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

70

682

150

(v)

Net non-monetary liabilities of RBI

1,07,663

1,26,329

–2,337

4,187

18,667

16,856

–4,999

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



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