Publications

() or

()

Date : Aug 29, 2025

Table 165 : Sources of Money Stock

(₹ Crore)
Year/Month	Net RBI Credit to Central Government	Net RBI Credit to State Governments	Other Banks Investments in Government Securities	Net Bank Credit to Government (2+3+4)	RBI Credit to Commercial Sector	Other Banks’ Credit to Commercial Sector	Bank Credit to Commercial Sector (6+7)
1	2	3	4	5	6	7	8
2021-22
April	1141731	2321	4767633	5911684	8672	11573368	11582039
May	1022585	2614	4838094	5863293	1435	11541712	11543147
June	1037765	11756	4871971	5921492	5749	11547046	11552794
July	1116179	794	4938487	6055460	8573	11615995	11624568
August	1188194	3038	4888082	6079314	8616	11601555	11610171
September	1110577	7934	4957966	6076477	5796	11660480	11666277
October	1038344	4759	4934134	5977237	1980	11747835	11749815
November	1185376	8588	4881321	6075285	4634	11865291	11869926
December	1187700	6634	4906381	6100716	2094	12288848	12290942
January	1058032	674	4875445	5934151	2874	12172030	12174904
February	1267768	144	4964092	6232004	1853	12348448	12350302
March	1448972	1624	5027033	6477629	16571	12599950	12616520
2022-23
April	1341106	2656	5067829	6411591	10647	12672314	12682961
May	1187863	8461	5068228	6264553	15275	12754452	12769727
June	1073979	7826	5181254	6263059	29081	12862953	12892034
July	1092483	6041	5310141	6408664	34706	13082081	13116787
August	1098716	4768	5367829	6471313	32969	13173665	13206634
September	1054074	6473	5377124	6437672	29638	13346144	13375783
October	1086498	5049	5353056	6444604	18954	13601482	13620436
November	1220407	5641	5386715	6612762	14661	13664706	13679367
December	1165846	4408	5395219	6565472	19852	14027024	14046877
January	1146027	16702	5494636	6657365	11223	14061234	14072457
February	1207052	9472	5637721	6854246	12529	14175838	14188368
March	1450376	749	5714407	7165533	26549	14403087	14429636
2023-24
April	1416995	3104	5745447	7165547	21792	14589789	14611581
May	1271916	12151	5851870	7135938	5863	14627209	14633072
June	1210459	9793	5970090	7190341	5383	15118021	15123403
July	1183219	13866	6027793	7224878	5144	14910462	14915606
			(6140360)	(7337446)		(15520742)	(15525886)
August	1168819	16427	6089264	7274511	5186	15047266	15052452
			(6202028)	(7387274)		(15649468)	(15654654)
September	997136	13437	6169128	7179702	5118	15284909	15290027
			(6282093)	(7292667)		(15877350)	(15882467)
October	998389	20185	6245550	7264124	5245	15601529	15606774
			(6356807)	(7375380)		(16187959)	(16193204)
November	1085027	17295	6266548	7368871	5240	15776205	15781445
			(6373052)	(7475375)		(16356804)	(16362044)
December	977122	2537	6192149	7171807	5080	16131536	16136616
			(6292959)	(7272617)		(16704608)	(16709688)
January	921591	12768	6182341	7116700	5237	16234750	16239988
			(6275829)	(7210188)		(16787986)	(16793224)
February	950229	14767	6258798	7223794	11121	16423451	16434572
			(6350471)	(7315467)		(16959856)	(16970977)
March	1186655	6557	6318803	7512016	14406	16657739	16672145
			(6410358)	(7603571)		(17188426)	(17202832)
2024-25
April	1204176	17454	6367414	7589043	10804	16718586	16729391
			(6454717)	(7676346)		(17239405)	(17250209)
May	955355	10681	6403988	7370024	11372	17024869	17036241
			(6488870)	(7454906)		(17535948)	(17547319)
June	1018898	7244	6397999	7424141	10922	17137840	17148762
			(6463344)	(7489485)		(17638071)	(17648993)
July	1039713	21197	6551951	7612861	10935	17073246	17084181
			(6617302)	(7678213)		(17566883)	(17577818)
August	998785	26760	6604322	7629866	10307	17214153	17224460
			(6669224)	(7694769)		(17699485)	(17709792)
September	894708	26404	6641501	7562614	10589	17402366	17412955
			(6705043)	(7626155)		(17878775)	(17889364)
October	1109078	23355	6731460	7863893	9175	17530449	17539625
			(6793050)	(7925482)		(17996094)	(18005269)
November	1225923	16423	6793073	8035418	10463	17824804	17835267
			(6844291)	(8086637)		(18280818)	(18291281)
December	979092	21798	6849360	7850250	10519	18080294	18090813
			(6900228)	(7901119)		(18518837)	(18529356)
January	1027441	20452	6889633	7937526	22760	18207657	18230417
			(6940509)	(7988402)		(18649246)	(18672006)
February	1171321	22069	6906278	8099668	28593	18339790	18368384
			(6957160)	(8150550)		(18772993)	(18801586)
March	1475460	32646	6954959	8463065	38246	18608516	18646762
			(7002720)	(8510825)		(19029883)	(19068129)
2025-26
April	1589760	36749	6949593	8576102	19280	18564228	18583507
			(6997358)	(8623867)		(18976717)	(18995997)
May	1451876	27439	6967248	8446563	14393	18675653	18690046
			(7013836)	(8493151)		(19074626)	(19089019)
June	1493338	20023	6960086	8473446	9029	18879856	18888886
			(7006672)	(8520033)		(19274342)	(19283371)
(Continued)

TABLE 165 : SOURCES OF MONEY STOCK (Concld.)
(₹ Crore)
Year/Month	Net Foreign Exchange Assets of the RBI	Net Foreign Exchange Assets of Other Banks	Net Foreign Exchange Assets of the Banking Sector (9+10)	Government’s Currency Liabilities to Public	Net Non-monetary Liabilities of RBI	Net Non-monetary Liabilities of Other Banks	Net Non-Monetary Liabilities of Banking Sector (13+14)	RBI’s Net Claims on Banks
1	9	10	11	12	13	14	15	16
2021-22
April	4361639	379446	4741085	26913	1514332	1828352	3342684	-478902
May	4298986	379446	4678432	26973	1332726	1766993	3099719	-358037
June	4434797	343350	4778148	26995	1350053	1759811	3109864	-412985
July	4595797	343350	4939147	27124	1383073	1890450	3273523	-649536
August	4514701	343350	4858051	27210	1316952	1927368	3244319	-745697
September	4551913	374319	4926232	27293	1315425	1984564	3299989	-728730
October	4630701	374319	5005021	27293	1373366	1862885	3236251	-652136
November	4586272	374319	4960591	27441	1328145	1959464	3287609	-716278
December	4550895	298856	4849751	27664	1307284	1847752	3155036	-664974
January	4542773	298856	4841628	27764	1292154	1738609	3030763	-525614
February	4583200	298856	4882056	27882	1324624	1984092	3308716	-709020
March	4442720	411583	4854303	28013	1308741	2173996	3482737	-560272
2022-23
April	4436943	411583	4848527	28013	1265895	1993148	3259044	-551158
May	4483672	411583	4895256	28160	1253279	2022109	3275388	-326824
June	4458205	255593	4713798	28293	1212795	2020572	3233367	-247364
July	4393678	255593	4649270	28611	1333127	1837858	3170985	-88389
August	4323902	255593	4579494	28791	1309669	1925141	3234810	-119896
September	4196976	255593	4452569	28791	1226760	1995159	3221918	-37025
October	4179368	255593	4434961	29003	1243837	1983218	3227055	63728
November	4316459	255593	4572052	29212	1381794	2111678	3493472	-45520
December	4491094	257951	4749045	29600	1495047	2036712	3531759	-20391
January	4537273	257951	4795224	29791	1531718	2128085	3659803	17261
February	4476563	257951	4734514	30007	1496659	2217144	3713803	11593
March	4587615	324410	4912025	30285	1587824	2605895	4193719	-120992
2023-24
April	4629323	324410	4953733	30285	1614722	2463225	4077947	-65486
May	4738818	324410	5063229	30482	1553549	2542361	4095910	-45754
June	4717501	242825	4960325	30925	1482052	2398194	3880246	-121683
July	4799963	242825	5042787	31148	1544152	2410773	3954924	-133864
						(2983160)	(4527312)
August	4751431	242825	4994256	31400	1510631	2516079	4026710	-7067
						(3084248)	(4594878)
September	4735309	360680	5095989	31400	1507782	2727034	4234816	121303
						(3290443)	(4798225)
October	4686387	360680	5047068	31649	1473135	2870740	4343876	86791
						(3434232)	(4907368)
November	4813483	360680	5174164	31939	1608939	2940736	4549675	59123
						(3499604)	(5108543)
December	5038372	299557	5337929	32596	1793210	2629748	4422958	182830
						(3182344)	(4975553)
January	4975898	299557	5275455	32887	1721382	2642139	4363521	266820
						(3172560)	(4893943)
February	4985065	299557	5284622	33198	1699563	2782510	4482073	216502
						(3297801)	(4997364)
March	5241083	326421	5567504	33432	1790134	3163344	4953478	-60553
						(3677343)	(5467477)
2024-25
April	5194340	326421	5520761	33432	1752989	2965662	4718651	-47122
						(3467801)	(5220790)
May	5289318	326421	5615739	33858	1610515	2930431	4540947	-13394
						(3431213)	(5041729)
June	5287013	366707	5653720	34065	1631829	2927152	4558981	-31176
						(3403331)	(5035160)
July	5434047	366707	5800754	34306	1718640	3223151	4941791	-154094
						(3698937)	(5417577)
August	5563594	366707	5930301	34306	1893229	3221603	5114833	-112164
						(3692891)	(5586120)
September	5629250	362398	5991648	34594	1957330	3165633	5122963	-34618
						(3630108)	(5587438)
October	5630470	362398	5992868	34833	1926618	3287889	5214507	-215806
						(3742552)	(5669170)
November	5409159	362398	5771557	35419	1901446	3327985	5229432	-58011
						(3766057)	(5667504)
December	5324382	476857	5801239	35683	1891177	3374035	5265212	182792
						(3796756)	(5687933)
January	5272023	476857	5748880	35683	1986997	3336750	5323747	261325
						(3764975)	(5751972)
February	5396630	476857	5873487	36017	2108450	3417628	5526078	166048
						(3839850)	(5948300)
March	5550947	597580	6148527	36632	2147427	3920417	6067843	-157261
						(4330098)	(6477524)
2025-26
April	5692537	597580	6290117	36632	2308158	3606047	5914205	-205693
						(4007770)	(6315928)
May	5753296	597580	6350876	37291	2099222	3490656	5589878	-222572
						(3881177)	(5980400)
June	5840396	597580	6437976	37652	2168644	3491487	5660130	-307728
						(3879932)	(6048576)
Note : Figures in parentheses include the impact of merger of a non-bank with a bank. Also see Notes on Tables.