Table 2−7 Composition of reserve money (Rs.crores)

  1969-70 1970-71 1971-72 1972-73 1973-74 1974-75 1975-76
1. Reserve money 4251 4823 5382 6033 7273 7604 7808
 a. RBI claims on Government (net) 3517 3843 4870 5696 6460 7121 6924
 b. Banking sector   642 531 480 731 981 1315
 c. Commercial sector 81 132 232 266 560 663 734
 d. Net foreign exchange asset of RBI 566 530 608 569 661 369 924
2=a/1(%) 0.83 0.8 0.9 0.94 0.89 0.94 0.89
3=b/1(%) 0 0.13 0.1 0.08 0.1 0.13 0.17
4=c/1(%) 0.02 0.03 0.04 0.04 0.08 0.09 0.09
5=d/1(%) 0.13 0.11 0.11 0.1 0.09 0.05 0.11
 
  1976-77 1977-78 1978-79 1979-80 1980-81 1981-82 1982-83
1. Reserve money 9798 10941 14083 16573 19453 20998 23110
 a. RBI claims on Government (net) 7762 7644 9416 12405 16443 19989 22314
 b. Banking sector 1404 926 1117 1200 1276 1673 2025
 c. Commercial sector 898 954 1250 1546 1700 2044 1925
 d. Net foreign exchange asset of RBI 2599 4532 5431 5388 4775 2706 1729
2=a/1(%) 0.8 0.7 0.67 0.75 0.85 0.95 0.97
3=b/1(%) 0.14 0.08 0.08 0.07 0.07 0.08 0.09
4=c/1(%) 0.09 0.09 0.09 0.09 0.08 0.1 0.08
5=d/1(%) 0.27 0.41 0.4 0.33 0.25 0.13 0.07
 
  1983-84 1984-85 1985-86 1986-87 1987-88 1988-89 1989-90
1. Reserve money 28993 35216 38166 44808 53489 62377 73147
 a. RBI claims on Government (net) 26719 33127 38678 44910 51867 60018 73049
 b. Banking sector 2771 3174 2462 2760 3941 6324 5631
 c. Commercial sector 2380 2752 3052 3394 3790 4950 5207
 d. Net foreign exchange asset of RBI 1624 2899 3741 4621 5416 5904 5989
2=a/1(%) 0.92 0.94 1.01 1 0.97 0.96 1
3=b/1(%) 0.1 0.09 0.06 0.06 0.07 0.1 0.08
4=c/1(%) 0.08 0.08 0.08 0.08 0.07 0.08 0.07
5=d/1(%) 0.06 0.08 0.1 0.1 0.1 0.1 0.08
 
  1990-91 1991-92 1992-93 1993-94 1994-95    
1. Reserve money 87779 99509 110779 138672 169279    
 a. RBI claims on Government (net) 88848 94016 98449 99300 101478    
 b. Banking sector 10007 5102 9885 5552 13470    
 c. Commercial sector 6342 7260 6220 6445 6593    
 d. Net foreign exchange asset of RBI 7983 18838 22647 51422 74720    
2=a/1(%) 1.01 0.94 0.89 0.71 0.6    
3=b/1(%) 0.11 0.05 0.09 0.04 0.08    
4=c/1(%) 0.07 0.07 0.06 0.05 0.04    
5=d/1(%) 0.09 0.19 0.2 0.37 0.44