Appendix Table III.1 : Variations in Reserve Money |
|
(Amount in Rupees crore)
|
|
|
|
Variations
|
|
Item
|
Outstanding
|
|
|
|
|
as on
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Financial year
|
April-June
|
|
|
March 31,
|
|
|
|
|
|
2003-04
|
2002-03
|
2004-05
|
2003-04
|
|
|
2004
|
|
|
|
|
|
|
|
|
|
|
|
Absolute
|
Percent
|
Absolute
|
Percent
|
Absolute
|
Percent
|
Absolute
|
Percent
|
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
Reserve Money
|
|
|
|
|
|
|
|
|
|
(C.1+C.2+C.3 = S.1+S.2+S.3+S.4+S.5-S.6)
|
4,36,512
|
67,451
|
18.3
|
31,091
|
9.2
|
-6,832
|
-1.6
|
16,342
|
4.4
|
Components
|
|
|
|
|
|
|
|
|
|
C.1.
|
Currency in Circulation
|
3,27,028
|
44,555
|
15.8
|
31,499
|
12.6
|
14,297
|
4.4
|
17,882
|
6.3
|
C.2.
|
Bankers’ Deposits with the RBI
|
1,04,365
|
21,019
|
25.2
|
-801
|
-1.0
|
-19,665
|
-18.8
|
-1,606
|
-1.9
|
|
of which:
|
|
|
|
|
|
|
|
|
|
|
Scheduled Commercial Banks
|
97,316
|
20,273
|
26.3
|
-1,964
|
-2.5
|
-18,927
|
-19.4
|
-1,078
|
-1.4
|
C.3.
|
‘Other’ Deposits with the RBI
|
5,119
|
1,877
|
57.9
|
393
|
13.8
|
-1,463
|
-28.6
|
65
|
2.0
|
Sources
|
|
|
|
|
|
|
|
|
|
S.1.
|
Net RBI Credit to Government (a+b)
|
44,907
|
-75,772
|
-62.8
|
-31,499
|
-20.7
|
-34,143
|
-76.0
|
-4,451
|
-3.7
|
|
a) Net RBI credit to Central
|
|
|
|
|
|
|
|
|
|
|
Government (i-ii)
|
36,920
|
-76,065
|
-67.3
|
-28,399
|
-20.1
|
-30,029
|
-81.3
|
434
|
0.4
|
|
i) Claims on Central Government
|
44,307
|
-72,209
|
-62.0
|
-30,013
|
-20.5
|
496
|
1.1
|
-2,996
|
-2.6
|
|
ii) Deposits of Central Government
|
7,387
|
3,856
|
109.2
|
-1,614
|
-31.4
|
30,525
|
413.2
|
-3,430
|
-97.1
|
|
b) Net RBI Credit to State
|
|
|
|
|
|
|
|
|
|
|
Governments (i-ii)
|
7,988
|
293
|
3.8
|
-3,100
|
-28.7
|
-4,114
|
-51.5
|
-4,885
|
-63.5
|
|
i) Claims on State Governments
|
7,988
|
293
|
3.8
|
-3,100
|
-28.7
|
-4,073
|
-51.0
|
-4,844
|
-62.9
|
|
ii) Deposits of State Governments
|
0
|
0
|
–
|
0
|
–
|
41
|
–
|
41
|
–
|
S.2.
|
RBI’s Claims on Commercial and
|
|
|
|
|
|
|
|
|
|
|
Co-operative Banks
|
5,419
|
-1,741
|
-24.3
|
-3,588
|
-33.4
|
-2,813
|
-51.9
|
-1,491
|
-20.8
|
|
of which:
|
|
|
|
|
|
|
|
|
|
|
Loans and Advances to
|
|
|
|
|
|
|
|
|
|
|
Scheduled Commercial Banks
|
0
|
-102
|
-100.0
|
-2,821
|
-96.5
|
0
|
–
|
-101
|
-99.0
|
S.3.
|
RBI’s Credit to Commercial Sector
|
2,061
|
-987
|
-32.4
|
-2,880
|
-48.6
|
-172
|
-8.3
|
-73
|
-2.4
|
S.4.
|
Net Foreign Exchange Assets
|
|
|
|
|
|
|
|
|
|
|
of the RBI
|
4,84,413
|
1,26,169
|
35.2
|
94,275
|
35.7
|
57,525
|
11.9
|
22,710
|
6.3
|
S.5.
|
Government’s Currency Liabilities
|
|
|
|
|
|
|
|
|
|
|
to the Public
|
7,296
|
225
|
3.2
|
705
|
11.1
|
17
|
0.2
|
84
|
1.2
|
S.6.
|
Net Non-Monetary Liabilities
|
|
|
|
|
|
|
|
|
|
|
of the RBI
|
1,07,585
|
-19,557
|
-15.4
|
25,922
|
25.6
|
27,245
|
25.3
|
437
|
0.3
|
S.7.
|
Net Domestic Assets of the RBI
|
|
|
|
|
|
|
|
|
|
|
(S.1+S.2+S.3+S.5-S.6)
|
-47,901
|
-58,719
|
-542.8
|
-63,184
|
-85.4
|
-64,357
|
134.4
|
-6,368
|
-58.9
|
– :Not applicable.
|
Note :
Data are provisional.
|
|