| Item | 2026-27 | 2024-25 | 2025-26 | 2026-27 |
| Q4 | Q1 | Q4 | Q1 |
| 1 | 2 | 3 | 4 | 5 |
| 1. Real Sector (% Change) | | | | | |
| 1.1 GVA at Basic Prices | 7.9 | 6.6 | 7.0 | 8.7 | 8.2 |
| 1.1.1 Agriculture | 3.3 | 3.8 | 4.4 | 3.9 | 3.6 |
| 1.1.2 Industry | 7.8 | 9.6 | 7.3 | 6.4 | 7.7 |
| 1.1.3 Services | 9.3 | 6.4 | 7.6 | 11.0 | 9.7 |
| 1.1a Final Consumption Expenditure | 7.0 | 6.2 | 6.4 | 7.5 | 6.7 |
| 1.1b Gross Fixed Capital Formation | 8.0 | 7.6 | 5.8 | 10.5 | 11.9 |
| | 2026-27 | 2025 | 2026 |
| Jun. | Jul. | Jun. | Jul. |
| 1 | 2 | 3 | 4 | 5 |
| 1.2 Index of Industrial Production | 4.3 | 2.2 | 5.4 | 8.8 | 6.7 |
| 2. Money and Banking (% Change) | | | | | |
| 2.1 Scheduled Commercial Banks | | | | | |
| 2.1.1 Deposits | 13.5 | 10.1 | 10.2 | 13.3 | 15.4 |
| 2.1.2 Credit | 16.1 | 9.5 | 10.0 | 18.6 | 19.3 |
| 2.1.2.1 Non-food Credit | 15.9 | 9.3 | 9.9 | 18.3 | 19.1 |
| 2.1.3 Investment in Govt. Securities | 4.5 | 8.8 | 6.6 | 5.8 | 6.4 |
| 2.2 Money Stock Measures | | | | | |
| 2.2.1 Reserve Money (M0) | 5.8 | 4.9 | 4.7 | 6.7 | 7.8 |
| 2.2.2 Broad Money (M3) | 15.3 | 9.5 | 9.6 | 13.0 | 14.7 |
| 3. Ratios (%) | | | | | |
| 3.1 Cash Reserve Ratio | 3.00 | 4.00 | 4.00 | 3.00 | 3.00 |
| 3.2 Statutory Liquidity Ratio | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 |
| 3.3 Cash-Deposit Ratio | 3.2 | 4.4 | 4.3 | 3.3 | 3.3 |
| 3.4 Credit-Deposit Ratio | 81.4 | 78.9 | 79.2 | 82.6 | 82.0 |
| 3.5 Incremental Credit-Deposit Ratio | 85.4 | 28.7 | 33.5 | 180.4 | 101.3 |
| 3.6 Investment-Deposit Ratio | 26.5 | 28.6 | 28.8 | 26.7 | 26.6 |
| 3.7 Incremental Investment-Deposit Ratio | 7.2 | -0.1 | 3.8 | 40.1 | 27.6 |
| 4. Interest Rates (%) | | | | | |
| 4.1 Policy Repo Rate | 5.25 | 5.50 | 5.50 | 5.25 | 5.25 |
| 4.2 Fixed Reverse Repo Rate | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 |
| 4.3 Standing Deposit Facility (SDF) Rate * | 5.00 | 5.25 | 5.25 | 5.00 | 5.00 |
| 4.4 Marginal Standing Facility (MSF) Rate | 5.50 | 5.75 | 5.75 | 5.50 | 5.50 |
| 4.5 Bank Rate | 5.50 | 5.75 | 5.75 | 5.50 | 5.50 |
| 4.6 Base Rate | 8.35/10.00 | 9.10/10.30 | 8.50/10.30 | 8.35/9.90 | 8.40/10.00 |
| 4.7 MCLR (Overnight) | 7.70/7.95 | 7.95/8.25 | 7.95/8.20 | 7.80/7.95 | 7.80/8.00 |
| 4.8 Term Deposit Rate >1 Year | 6.00/6.60 | 5.85/6.70 | 5.85/6.70 | 6.00/6.60 | 6.00/6.75 |
| 4.9 Savings Deposit Rate | 2.50/2.50 | 2.50/2.75 | 2.50/2.50 | 2.50/2.50 | 2.50/2.50 |
| 4.10 Call Money Rate (Weighted Average) | 5.37 | 5.29 | 5.55 | 5.36 | 5.30 |
| 4.11 91-Day Treasury Bill (Primary) Yield | 5.33 | 5.41 | 5.40 | 5.25 | 5.34 |
| 4.12 182-Day Treasury Bill (Primary) Yield | 5.54 | 5.54 | 5.52 | 5.45 | 5.60 |
| 4.13 364-Day Treasury Bill (Primary) Yield | 5.65 | 5.57 | 5.57 | 5.64 | 5.74 |
| 4.14 10-Year G-Sec Par Yield (FBIL) | 7.11 | 6.34 | 6.41 | 6.74 | 6.84 |
| 5. Reference Rate and Forward Premia | | | | | |
| 5.1 INR-US$ Spot Rate (Rs. Per Foreign Currency) | 94.60 | 85.56 | 86.52 | 94.48 | 95.37 |
| 5.2 INR-Euro Spot Rate (Rs. Per Foreign Currency) | 109.16 | 100.20 | 101.73 | 107.36 | 109.82 |
| 5.3 Forward Premia of US$ 1-month (%) | 4.43 | 1.65 | 1.81 | 3.17 | 3.00 |
| 3-month (%) | 3.51 | 1.66 | 1.76 | 2.97 | 3.21 |
| 6-month (%) | 3.22 | 1.79 | 1.85 | 2.85 | 3.14 |
| 6. Inflation (%) | | | | | |
| 6.1 All India Consumer Price Index | 2.1 | 2.3 | 1.6 | 4.4 | 4.5 |
| 6.2 Consumer Price Index for Industrial Workers | 3.08 | 2.5 | 2.7 | 4.8 | 4.6 |
| 6.3 Wholesale Price Index | 0.4 | -0.4 | -0.8 | 10.0 | 9.8 |
| 6.3.1 Primary Articles | -2.2 | -3.0 | -4.5 | 7.0 | 8.5 |
| 6.3.2 Fuel and Power | -2.9 | -3.0 | -3.7 | 27.2 | 20.0 |
| 6.3.3 Manufactured Products | 2.2 | 1.2 | 1.3 | 7.8 | 8.3 |
| 7. Foreign Trade (% Change) | | | | | |
| 7.1 Imports | 7.6 | -3.5 | 9.1 | 31.0 | 17.5 |
| 7.2 Exports | 0.9 | -1.4 | 13.2 | 15.5 | 19.6 |
Note: Financial Benchmark India Pvt. Ltd. (FBIL) has commenced publication of the G-Sec benchmarks with effect from March 31, 2018 as per RBI circular FMRD.DIRD.7/14.03.025/2017-18 dated March 31, 2018. FBIL has started dissemination of reference rates w.e.f. July 10, 2018.
Data include the impact of merger of a non-bank with a bank w.e.f. July 1, 2023.
As per the Banking Laws (Amendment) Act, 2025, the definition of fortnight has been revised from alternate Fridays to 15th and last calendar day of a month, w.e.f. December 15, 2025.
*: As per Press Release No. 2022-2023/41 dated April 08, 2022.
1.2& 6: Annual data are average of months.
3.5 & 3.7: Relate to ratios of increments over financial year so far.
4.1 to 4.4, 4.8,4.9 &5: Relate to the last friday of the month/financial year.
4.5, 4.6 & 4.7: Relate to five major banks on the last Friday of the month/financial year.
4.10 to 4.12: Relate to the last auction day of the month/financial year.
4.13: Relate to last day of the month/ financial year
7.1&7.2: Relate to Foreign trade in US Dollar. |