RBI has released data on Reserve Money for the week ending Oct 06, 2023

The Reserve Bank has today released data on Reserve Money for the week ended October 06, 2023.

Statement 1: Reserve Money
(₹ crore)
ITEM	Outstanding  as on		Variations over
	2023	2023	Week		Financial Year so far				Year-on-year
					2022-23		2023-24		2022		2023
	Mar 31	Oct 6	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
1	2	3	4	5	6	7	8	9	10	11	12	13
Reserve Money	4,386,759	4,389,988	-5,318	-0.1	27,089	0.7	3,229	0.1	421,222	11.5	294,012	7.2
Components (i+ii+iii)
i) Currency in Circulation	3,378,521	3,293,971	4,806	0.1	52,337	1.7	-84,550	-2.5	244,628	8.3	107,917	3.4
ii) Bankers’ Deposits with RBI	930,477	1,022,569	-9,805	-0.9	-36,573	-4.2	92,092	9.9	154,563	22.5	182,416	21.7
iii) ‘Other’ Deposits with RBI	77,761	73,449	-320	-0.4	11,326	19.4	-4,312	-5.5	22,032	46.2	3,679	5.3
Sources   (i+ii+iii+iv-v)
i) Net RBI Credit to Government	1,451,126	1,116,642	92,718		-297,253		-334,484		14,709		-36,702
of which: to Centre	1,450,376	1,092,382	80,022		-306,425		-357,995		13,671		-50,166
ii) RBI Credit to Banks and Commercial Sector	-94,443	6,818	-102,791		513,035		101,260		710,898		37,485
o/w : to Banks (includes NABARD)	-120,992	1,605	-102,923		511,128		122,596		696,855		50,749
iii) Net Foreign Exchange Assets of RBI	4,587,355	4,704,100	-15,256	-0.3	-215,531	-4.9	116,745	2.5	-397,495	-8.6	477,151	11.3
iv) Govt.’s Currency Liabilities to the Public	30,285	31,649			991	3.5	1,363	4.5	1,711	6.3	2,645	9.1
v) Net Non-Monetary Liabilities of RBI	1,587,565	1,469,220	-20,010	-1.3	-25,847	-2.0	-118,345	-7.5	-91,399	-6.7	186,567	14.5
Note: Data are provisional.

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