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Weekly Statistical Supplement


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Date : Jun 05, 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 21#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,59,220

2,61,280

-4,962

-1.9

235

0.1

2,060

0.8

34,643

15.3

            

Components (i+ii+iii)

          
            

(i)

Currency in circulation

1,75,705

1,91,139

-1,909

-1.0

14,010

9.3

15,434

8.8

26,073

15.8

            
 

of which : cash with banks

5,586

4,184

        
            

(ii)

Bankers' deposits with RBI

79,703

67,119

-3,028

-4.3

-12,712

-17.7

-12,584

-15.8

8,025

13.6

            

(iii)

"Other" deposits with RBI

3,812

3,022

-25

 

-1,064

 

-790

 

545

 
            

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

          
            

(i)

Net RBI credit to Government *

1,52,539

1,55,179

780

0.5

6,952

5.1

2,640

1.7

13,067

9.2

 

of which : to Centre *

1,45,416

1,53,263

15

 

8,047

 

7,847

 

11,599

 

(ii)

RBI credit to banks & comm. sector

25,487

20,893

-6,287

-23.1

-1,389

-9.1

-4,594

-18.0

7,000

50.4

            
 

o/w : to banks (includes NABARD)

13,262

10,693

-3,521

 

-1,570

 

-2,569

 

5,167

 
            

(iii)

Net foreign exchange assets of RBI

1,37,954

1,42,973

796

0.6

475

0.4

5,019

3.6

26,608

22.9

            

(iv)

Govt.'s currency liabilities to the public

3,705

3,705

 

86

 

 

267

 
            

(v)

Net non-monetary liabilities of RBI

60,464

61,469

251

 

5,888

 

1,005

 

12,298

 

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

      

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