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Weekly Statistical Supplement


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Date : Oct 10, 1998
8. Reserve Money : Components and Sources
                      (Rs. crore)

      Outstanding Variation over
      as on
 
 
 
 
 
 
 
 
    Item         Financial year so far
   
      1998
Week
1997-98
1998-99
Year
      Mar. 31# Sept. 25# Amount % Amount % Amount % Amount %

    1 2 3 4 5 6 7 8 9 10 11

Reserve Money 2,26,233 2,24,776 -8,131 -3.5 2,536 1.3 -1,457 -0.6 22,255 11.0
                         
Components (i+ii+iii)                    
  (i) Currency in circulation 1,50,823 1,56,349 -355 -0.2 2,727 2.0 5,526 3.7 16,405 11.7
    of which : cash with                    
    banks 5,641 3,805 *              
  (ii) Bankers' deposits with                    
    RBI 71,806 64,654 -7,894 -10.9 -1,133 -1.9 -7.151 -10.0 6,213 10.6
  (iii) "Other" deposits with                    
    RBI 3,604 3,773 118   942   169   -363  
Sources (i+ii+iii+iv-v)                    
                         
  (i) Net RBI credit to                    
    Government 1,35,160 1,36,419 -6,510 -4.6 -10.487 -8.4 1,259 0.9 22,726 20.0
    of which : to Centre 1,33,617 1,35,473 -5,819   -7,731   1,856   22,502  
  (ii) RBI credit to banks &                    
    comm. sector 15,282 17,072 -1,448 -7.8 -45 -0.3 1,790 11.7 3,865 29.3
    o/w : to banks (includes                    
    NABARD) 7,096 8,890 -1,448   -1,342   1,794   3,227  
  (iii) Net foreign exchange                    
    assets of RBI 1,15,890 1,23,941 312 0.3 11,855 12.5 8,050 6.9 17,269 16.2
  (iv) Govt.'s currency                    
    liabilities to the public 3,120 3,241 -   215   121   107  
  (v) Net non-monetary                    
    liabilities of RBI 43,219 55,897 485   -998   12,678   21,712  

* Data relates to scheduled commercial banks' only.

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