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Document - 8. Monetary Survey () or PDF - 8. Monetary Survey ()
8. Monetary Survey
Date : Apr 23, 2026
(₹ Crore)
Item Outstanding as on March 31/last reporting Fortnights of the month/reporting Fortnights
2024-25 2025 2026
Feb. 21 Jan. 31 Feb. 15 Feb. 28
1 2 3 4 5
Monetary Aggregates          
NM1 (1.1+1.2.1+1.3) 6584081 6336120 7312843 7247872 7474830
NM2 (NM1 + 1.2.2.1) 15768688 15464806 17336563 17280499 17604996
NM3 (NM2 +1.2.2.2 + 1.4 = 2.1 + 2.2 + 2.3 – 2.4 – 2.5) 27909568 27523064 30503867 30447762 30869324
1. Components          
1.1 Currency with the Public 3630751 3557833 3906775 3959179 3986334
1.2 Aggregate Deposits of Residents 23250261 22950944 25563735 25463898 25882053
1.2.1 Demand Deposits 2840023 2664975 3288801 3169171 3370574
1.2.2 Time Deposits of Residents 20410239 20285969 22274935 22294727 22511480
1.2.2.1 Short-term Time Deposits 9184607 9128686 10023721 10032627 10130166
1.2.2.1.1 Certificates of Deposits (CDs) 527375 515732 587099 659713 661504
1.2.2.2 Long-term Time Deposits 11225631 11157283 12251214 12262100 12381314
1.3 ‘Other’ Deposits with RBI 113307 113312 117267 119522 117922
1.4 Call/Term Funding from Financial Institutions 915248 900975 916090 905164 883014
2. Sources          
2.1 Domestic Credit 28800727 28171386 31524326 31616457 32066106
2.1.1 Net Bank Credit to the Government 8510825 8150550 8944038 9046265 9190938
2.1.1.1 Net RBI credit to the Government 1508105 1193390 1806724 1872294 1913185
2.1.1.2 Credit to the Government by the Banking System 7002720 6957160 7137313 7173971 7277752
2.1.2 Bank Credit to the Commercial Sector 20289901 20020836 22580288 22570192 22875168
2.1.2.1 RBI Credit to the Commercial Sector 38246 28593 17876 11543 11593
2.1.2.2 Credit to the Commercial Sector by the Banking System 20251656 19992243 22562413 22558649 22863575
2.1.2.2.1 Other Investments (Non-SLR Securities) 1208294 1206485 1252927 1279361 1258181
2.2 Government’s Currency Liabilities to the Public 36632 36017 40222 40372 40537
2.3 Net Foreign Exchange Assets of the Banking Sector 5605462 5428386 6489772 6455116 6531321
2.3.1 Net Foreign Exchange Assets of the RBI 5550947 5396630 6356081 6391542 6439901
2.3.2 Net Foreign Currency Assets of the Banking System 54514 31756 133691 63574 91420
2.4 Capital Account 4481184 4551049 5805144 5733325 5770294
2.5 Other items (net) 2052068 1561676 1745309 1930858 1998347
Note: NM2 and NM3 do not include FCNR (B) deposits.
2.4: Consist of paid-up capital and reserves.
2.5: includes other demand and time liabilities of the banking system.

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