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Weekly Statistical Supplement


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Date : May 22, 1999
8. Reserve Money : Components and Sources

(Rs. crore)


  

Outstanding

  

Variation over

 
  

as on

    

 

Item

    

Financial year so far


 
  

1999

Week

1998-99

1999-2000

Year


  

Mar. 31#

May 7#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


            

Reserve Money

2,59,220

2,67,597

4,299

1.6

7,447

3.3

8,376

3.2

33,748

14.4

            

Components (i+ii+iii)

          
            

(i)

Currency in circulation

1,75,705

1,91,403

5,439

2.9

14,240

9.4

15,698

8.9

26,107

15.8

            
 

of which : cash with banks

5,586

4141 **

        
            

(ii)

Bankers' deposits with RBI

79,703

73,128

-948

-1.3

-6,205

-8.6

-6,575

-8.2

7,528

11.5

            

(iii)

"Other" deposits with RBI

3,812

3,065

-191

 

-588

 

-747

 

113

 
            

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

          

(i)

Net RBI credit to Government *

1,50,132

1,58,103

1,377

0.9

12,162

9.0

7,971

5.3

10,781

7.3

 

of which : to Centre *

1,45,416

1,57,780

1,056

 

13,322

 

12,364

 

10,841

 

(ii)

RBI credit to banks & comm. sector

25,487

26,614

1,962

8.0

-1,461

-9.6

1,126

4.4

12,793

92.6

            
 

o/w : to banks (includes NABARD)

13,262

14,118

430

 

-1,486

 

856

 

8,508

 
            

(iii)

Net foreign exchange assets of RBI

1,37,954

1,40,819

1,542

1.1

211

0.2

2,865

2.1

24,718

21.3

            

(iv)

Govt.'s currency liabilities to the public

3,705

3,705

 

35

 

 

317

 
            

(v)

Net non-monetary liabilities of RBI

58,058

61,644

581

 

3,500

 

3,586

 

14,862

 

* Central Government balances as on March 31, 1999 are after closure of accounts.

** Data relate to Scheduled Commercial Banks' only.


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