| 1. Reserve Bank of India - Liabilities and Assets* | | (₹ Crore) | | Item | 2025 | 2026 | Variation | | May 23 | May 15 | May 22 | Week | Year | | 1 | 2 | 3 | 4 | 5 | | 4 Loans and Advances | | | | | | | 4.1 Central Government | 0 | 0 | 0 | 0 | 0 | | 4.2 State Governments | 24410 | 26314 | 9239 | -17075 | -15171 | | * Data are provisional; difference, if any, is due to rounding off. | | 2. Foreign Exchange Reserves* | | Item | As on May 22, 2026 | Variation over | | Week | End-March 2026 | Year | | ₹ Cr. | US$ Mn. | ₹ Cr. | US$ Mn. | ₹ Cr. | US$ Mn. | ₹ Cr. | US$ Mn. | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | | 1 Total Reserves | 6523216 | 681384 | -87875 | -7511 | -30645 | -9724 | 620290 | -11338 | | 1.1 Foreign Currency Assets # | 5198620 | 543032 | -40250 | -2872 | -38747 | -9251 | 203854 | -43136 | | 1.2 Gold | 1098889 | 114786 | -46156 | -4530 | 4579 | -609 | 386679 | 31204 | | 1.3 SDRs | 179476 | 18748 | -1173 | -77 | 2887 | 126 | 21235 | 177 | | 1.4 Reserve Position in the IMF | 46231 | 4818 | -296 | -33 | 635 | 10 | 8522 | 417 | * Difference, if any, is due to rounding off. # Excludes (a) SDR holdings of the Reserve Bank, as they are included under the SDR holdings; (b) investment in bonds issued by IIFC (UK); (c) amounts lent under SAARC and ACU currency swap arrangements; and (d) RBI’s contribution to funding of Nexus Global Payments. | | 4. Scheduled Commercial Banks - Business in India | | (₹ Crore) | | Item | Outstanding as on May 15, 2026 | Variation over | | Fortnight | Financial year so far | Year-on-Year | | 2025-26 | 2026-27 | 2025 | 2026 | | 1 | 2 | 3 | 4 | 5 | 6 | | 2 Liabilities to Others | | | | | | | | 2.1 Aggregate Deposits | 25688821 | -179764 | 306986 | -541096 | 2072807 | 2801233 | | 2.1a Growth (Per cent) | | -0.7 | 1.4 | -2.1 | 10.0 | 12.2 | | 2.1.1 Demand | 3165054 | -138435 | 143867 | -523075 | 434162 | 323138 | | 2.1.2 Time | 22523767 | -41329 | 163119 | -18021 | 1638646 | 2478095 | | 2.2 Borrowings | 991949 | 34720 | -21520 | 183740 | 118004 | 98220 | | 2.3 Other Demand and Time Liabilities | 1107704 | -23956 | -77263 | -20349 | 75580 | 123336 | | 7 Bank Credit | 21186890 | -23807 | -16260 | -173058 | 1626698 | 2959179 | | 7.1a Growth (Per cent) | | -0.1 | -0.1 | -0.8 | 9.8 | 16.2 | | 7a.1 Food Credit | 116049 | 12133 | 31547 | 45777 | 26805 | 47970 | | 7a.2 Non-food credit | 21070842 | -35941 | -47808 | -218835 | 1599893 | 2911208 | Note: 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. | | 6. Money Stock: Components and Sources | | (₹ Crore) | | Item | Outstanding as on | Variation over | | 2026 | Fortnight^ | Financial Year so far | Year-on-Year | | 2025-26 | 2026-27 | 2025 | 2026 | | Mar. 31 | May 15 | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | | M3 | 31453126 | 31023176 | -140802 | -0.5 | 419795 | 1.5 | -429950 | -1.4 | 2352993 | 9.3 | 3316792 | 12.0 | | 1 Components (1.1.+1.2+1.3+1.4) | | | | | | | | | | | | | | 1.1 Currency with the Public | 4065488 | 4200272 | 39159 | 0.9 | 113707 | 3.1 | 134785 | 3.3 | 256205 | 7.3 | 455814 | 12.2 | | 1.2 Demand Deposits with Banks | 3844879 | 3315263 | -139547 | -4.0 | 144789 | 5.1 | -529616 | -13.8 | 432705 | 17.0 | 330452 | 11.1 | | 1.3 Time Deposits with Banks | 23410625 | 23388034 | -40743 | -0.2 | 169058 | 0.8 | -22591 | -0.1 | 1645931 | 8.6 | 2516467 | 12.1 | | 1.4 ‘Other’ Deposits with Reserve Bank | 132134 | 119606 | 330 | 0.3 | -7760 | -6.8 | -12527 | -9.5 | 18152 | 20.8 | 14060 | 13.3 | | 2 Sources (2.1+2.2+2.3+2.4-2.5) | | | | | | | | | | | | | | 2.1 Net Bank Credit to Government | 9369275 | 9549273 | 61060 | 0.6 | 226304 | 2.7 | 179998 | 1.9 | 1121710 | 14.7 | 812144 | 9.3 | | 2.1.1 Reserve Bank | 2079086 | 2249358 | 15963 | | 238051 | | 170271 | | 636274 | | 503201 | | | 2.1.2 Other Banks | 7290189 | 7299915 | 45097 | 0.6 | -11748 | -0.2 | 9726 | 0.1 | 485436 | 7.5 | 308943 | 4.4 | | 2.2 Bank Credit to Commercial Sector | 22226641 | 22030292 | -28200 | -0.1 | -33273 | -0.2 | -196348 | -0.9 | 1669748 | 9.6 | 2995437 | 15.7 | | 2.2.1 Reserve Bank | 28247 | 11255 | -2657 | | -19166 | | -16992 | | 7705 | | -7824 | | | 2.2.2 Other Banks | 22198394 | 22019037 | -25543 | -0.1 | -14107 | -0.1 | -179356 | -0.8 | 1662043 | 9.6 | 3003261 | 15.8 | Note: Data include the impact of merger of a non-bank with a bank w.e.f. July 14, 2023. ^: With respect to April 30, 2026. | | 8. Liquidity Operations by RBI | | (₹ Crore) | | Date | Liquidity Adjustment Facility | Standing Liquidity Facilities | OMO (Outright) | Net Injection (+)/ Absorption (-) (1+3+5+7+9-2-4-6-8) | | Repo | Reverse Repo | Variable Rate Repo | Variable Rate Reverse Repo | MSF | SDF | Sale | Purchase | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | | May 18, 2026 | - | - | 16005 | - | 1569 | 209146 | - | - | - | -191572 | | May 19, 2026 | - | - | - | - | 105 | 176119 | - | - | - | -176014 | | May 20, 2026 | - | - | 16435 | - | 164 | 169209 | -1163 | - | - | -153773 | | May 21, 2026 | - | - | 25360 | - | 1038 | 126441 | 752 | - | - | -99291 | | May 22, 2026 | - | - | 81590 | - | 435 | 178481 | 312 | - | - | -96144 | | May 23, 2026 | - | - | - | - | 117 | 171042 | - | - | - | -170925 | | May 24, 2026 | - | - | - | - | 112 | 174590 | - | - | - | -174478 | | SDF: Standing Deposit Facility; MSF: Marginal Standing Facility. | Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/349 | |