Click here to Visit the RBI’s new website

RBI Bulletin


Search Archives
Section

Document - 7. Sources of Money Stock (M<sub>3</sub> ) () or PDF - 7. Sources of Money Stock (M<sub>3</sub> ) ()
7. Sources of Money Stock (M3 )
Date : Jan 21, 2026
(₹ Crore)
Sources Outstanding as on March 31/last reporting Fortnights of the month/reporting Fortnights
2024-25 2024 2025
Nov. 29 Oct. 31 Nov. 14 Nov. 28
1 2 3 4 5
1 Net Bank Credit to Government 8510825 8086637 8739870 8787412 8849635
1.1 RBI’s net credit to Government (1.1.1–1.1.2) 1508105 1242346 1529911 1633175 1644157
1.1.1 Claims on Government 1591591 1287452 1750740 1764036 1751645
1.1.1.1 Central Government 1558903 1270987 1730724 1732228 1732679
1.1.1.2 State Governments 32688 16465 20016 31808 18966
1.1.2 Government deposits with RBI 83485 45106 220829 130861 107488
1.1.2.1 Central Government 83443 45064 220786 130818 107445
1.1.2.2 State Governments 42 42 42 42 42
1.2 Other Banks’ Credit to Government 7002720 6844291 7209958 7154237 7205477
2 Bank Credit to Commercial Sector 19068129 18291281 20203749 20177383 20338419
2.1 RBI’s credit to commercial sector 38246 10463 13603 10230 11701
2.2 Other banks’ credit to commercial sector 19029883 18280818 20190146 20167154 20326717
2.2.1 Bank credit by commercial banks 18243972 17508956 19393655 19370949 19529443
2.2.2 Bank credit by co-operative banks 766659 753253 776084 775654 776466
2.2.3 Investments by commercial and co-operative banks in other securities 19252 18610 20407 20551 20808
3 Net Foreign Exchange Assets of Banking Sector (3.1 + 3.2) 6148527 5771557 6532531 6555004 6544991
3.1 RBIs net foreign exchange assets (3.1.1 - 3.1.2) 5550947 5409159 5945483 5967956 5957943
3.1.1 Gross foreign assets 5550956 5409166 5945482 5967955 5957940
3.1.2 Foreign liabilities 9 7 0 -1 -3
3.2 Other banks’ net foreign exchange assets 597580 362398 587048 587048 587048
4 Government’s Currency Liabilities to the Public 36632 35419 39231 39231 39555
5 Banking Sector’s Net Non-monetary Liabilities 6477524 5667504 6517874 6613159 6635886
5.1 Net non-monetary liabilities of RBI 2147427 1901446 2559728 2605985 2654752
5.2 Net non-monetary liabilities of other banks (residual) 4330098 3766057 3958146 4007174 3981134
M3(1+2+3+4–5) 27286589 26517391 28997506 28945871 29136713
Note: 3.1: Include foreign currency denominated bonds issued by IIFC (UK).

Archives

Top
Back to previous page