Document - Reserve Money : Components and Sources () or PDF - Reserve Money : Components and Sources ()
Date : Apr 03, 2026
Reserve Money : Components and Sources
(₹ Crore)
Item Outstanding as on Variation over
2025 2026 Fortnight^ Financial Year so far Year-on-Year
2024-25 2025-26 2025 2026
Mar. 31 Mar. 15* Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
Reserve Money 4829243 5041371 51993 1.0 135470 2.9 212128 4.4 168199 3.7 274455 5.8
1 Components (1.1+1.2+1.3)                        
1.1 Currency in Circulation 3724448 4132012 56643 1.4 203080 5.8 407565 10.9 194467 5.5 417472 11.2
1.2 Bankers' deposits with RBI 991488 787479 -8607 -1.1 -83498 -8.1 -204009 -20.6 -51872 -5.2 -154471 -16.4
1.3 'Other' deposits with RBI 113307 121879 3957 3.4 15889 16.8 8573 7.6 25603 30.2 11454 10.4
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net RBI Credit to Government 1508105 1948536 35351   -12343   440431   186475   767666  
2.1.1 Net RBI Credit to Centre 1475460 1927167 23725   -24935   451707   180534   765447  
2.2 RBI Credit to Banks and Commercial Sector -119015 -206103 75575   254482   -87088   68898   -414438  
2.2.1 RBI's Net Claims on Banks -157261 -217208 76063   233065   -59947   44946   -389720  
2.3 Net foreign exchange assets of RBI 5550947 6371244 -68657 -1.1 259422 4.9 820297 14.8 293883 5.6 870740 15.8
2.4 Government's currency liabilities to the public 36632 40688     2874 8.6 4056 11.1 3108 9.4 4382 12.1
2.5 Net non-monetary liabilities of RBI 2147427 3112994 -9574 -0.3 368964 20.6 965568 45.0 384165 21.6 953896 44.2
^: With respect to February 28, 2026.
*: With the change in the definition of fortnight vide the Banking Laws (Amendment) Act, 2025, data for reserve money are published for the 15th and the last day of the month, effective December 15, 2025.

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