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Weekly Statistical Supplement


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Date : Jun 12, 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 28#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,59,220

2,65,703

4,422

1.7

1,334

0.6

6,483

2.5

37,968

16.7

            

Components (i+ii+iii)

          
            

(i)

Currency in circulation

1,75,705

1,88,994

-2,145

-1.1

12,734

8.4

13,290

7.6

25,205

15.4

            
 

of which : cash with banks

5,586

..

        
            

(ii)

Bankers' deposits with RBI

79,703

73,801

6,683

10.0

-10,271

-14.3

-5,902

-7.4

12,267

19.9

            

(iii)

"Other" deposits with RBI

3,812

2,907

-115

 

-1,129

 

-905

 

496

 
            

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

          

(i)

Net RBI credit to Government *

1,52,539

1,53,537

-1,642

-1.1

7,685

5.7

998

0.7

10,691

7.5

 

of which : to Centre *

1,45,416

1,51,364

-1,899

 

8,823

 

5,947

 

8,925

 

(ii)

RBI credit to banks & comm. sector

25,487

26,831

5,937

28.4

-1,540

-10.1

1,343

5.3

13,088

95.2

            
 

o/w : to banks (includes NABARD)

13,262

14,088

3,395

 

-1,721

 

826

 

8,713

 
            

(iii)

Net foreign exchange assets of RBI

1,37,954

1,44,090

1,117

0.8

2,844

2.5

6,136

4.4

25,355

21.4

            

(iv)

Govt.'s currency liabilities to the public

3,705

3,705

 

85

 

 

267

 
            

(v)

Net non-monetary liabilities of RBI

60,464

62,459

990

 

7,741

 

1,994

 

11,435

 

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

       

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