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Document - 8. Monetary Survey () or PDF - 8. Monetary Survey ()
8. Monetary Survey
Date : Jun 22, 2026
(₹ Crore)
Item Outstanding as on March 31/last reporting Fortnights of the month/reporting Fortnights
2025-26 2025 2026
Apr. 18 Mar. 31 Apr. 15 Apr. 30
1 2 3 4 5
Monetary Aggregates          
NM1 (1.1+1.2.1+1.3) 8042501 6580115 8042501 7633915 7735200
NM2 (NM1 + 1.2.2.1) 18434549 15923150 18434549 17971520 18130641
NM3 (NM2 +1.2.2.2 + 1.4 = 2.1 + 2.2 + 2.3 – 2.4 – 2.5) 31944151 28211021 31944151 31499349 31793410
1. Components          
1.1 Currency with the Public 4065488 3693753 4065488 4142508 4161114
1.2 Aggregate Deposits of Residents 26938321 23544913 26938321 26344330 26555791
1.2.1 Demand Deposits 3844879 2782612 3844879 3371875 3454810
1.2.2 Time Deposits of Residents 23093442 20762301 23093442 22972455 23100981
1.2.2.1 Short-term Time Deposits 10392049 9343035 10392049 10337605 10395441
1.2.2.1.1 Certificates of Deposits (CDs) 696724 521063 696724 684491 694162
1.2.2.2 Long-term Time Deposits 12701393 11419265 12701393 12634851 12705539
1.3 ‘Other’ Deposits with RBI 132134 103750 132134 119532 119276
1.4 Call/Term Funding from Financial Institutions 808208 868605 808208 892979 957229
2. Sources          
2.1 Domestic Credit 32920976 28884099 32920976 32709435 32936415
2.1.1 Net Bank Credit to the Government 9369275 8623867 9369275 9584025 9488213
2.1.1.1 Net RBI credit to the Government 2079086 1626509 2079086 2372065 2233395
2.1.1.2 Credit to the Government by the Banking System 7290189 6997358 7290189 7211960 7254819
2.1.2 Bank Credit to the Commercial Sector 23551701 20260232 23551701 23125411 23448202
2.1.2.1 RBI Credit to the Commercial Sector 28247 19280 28247 11018 13912
2.1.2.2 Credit to the Commercial Sector by the Banking System 23523454 20240952 23523454 23114393 23434290
2.1.2.2.1 Other Investments (Non-SLR Securities) 1298267 1249654 1298267 1338282 1360343
2.2 Government’s Currency Liabilities to the Public 40818 36632 40818 40922 41059
2.3 Net Foreign Exchange Assets of the Banking Sector 6529338 5727331 6529338 6572614 6570456
2.3.1 Net Foreign Exchange Assets of the RBI 6360229 5692537 6360229 6379527 6360121
2.3.2 Net Foreign Currency Assets of the Banking System 169109 34794 169109 193087 210335
2.4 Capital Account 5731391 4728795 5731391 5863455 6000820
2.5 Other items (net) 1815591 1708245 1815591 1960167 1753700
Note: NM2 and NM3 do not include FCNR (B) deposits.
2.4: Consist of paid-up capital and reserves.
2.5: includes other demand and time liabilities of the banking system.

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