Document title: Reserve Bank of India – Weekly Statistical Supplement – 13 November 2026

Issuing authority: Reserve Bank of India

Reference: Press Release 2026-2027/1494

Date: 13 November 2026

Policy Rates and Liquidity

The Marginal Standing Facility (MSF) and Standing Deposit Facility (SDF) were actively utilised during the first week of November 2026. MSF balances ranged from ₹3,237 cr to ₹5,831 cr, while SDF balances were between ₹150,425 cr and ₹190,671 cr. Net liquidity absorption, calculated as the sum of injections minus withdrawals across repo, reverse repo, MSF, SDF, and open market operations, was negative each day, indicating overall tightening: -₹187,840 cr on 02‑Nov‑26, -₹192,952 cr on 03‑Nov‑26, -₹178,010 cr on 04‑Nov‑26, -₹181,410 cr on 05‑Nov‑26, -₹213,730 cr on 06‑Nov‑26, -₹146,453 cr on 07‑Nov‑26, and -₹147,188 cr on 08‑Nov‑26.

Banking and Credit

Aggregate deposits of scheduled commercial banks stood at ₹28,251,076 cr as of 31‑Oct‑2026, up ₹375,166 cr over the fortnight (1.3% growth). Year‑to‑date deposits for FY 2025‑26 were ₹1,595,156 cr (7.1% growth) and for FY 2026‑27 ₹2,022,289 cr (7.7% growth), with year‑on‑year totals of ₹2,148,222 cr in 2025 and ₹4,075,319 cr in 2026. Bank credit reached ₹23,182,499 cr, increasing ₹439,720 cr fortnightly (1.9% growth). Food credit rose to ₹123,267 cr (23,174 cr fortnightly increase), while non‑food credit expanded to ₹23,059,232 cr (416,546 cr fortnightly increase).

Money Stock

M3 money stock expanded to ₹33,768,416 cr as of 31‑Oct‑2026, a fortnightly rise of ₹468,116 cr (1.4%). Year‑to‑date M3 amounted to ₹4,770,909 cr in 2026, a 16.5% increase over the same period in 2025 (₹2,464,745 cr). Currency with the public grew modestly to ₹4,267,896 cr (+0.3% fortnightly). Demand deposits with banks fell by ₹210,701 cr year‑to‑date, while time deposits with banks rose sharply to ₹25,738,861 cr (+1.1% fortnightly).

External Sector and Currency

Total foreign‑exchange reserves declined to ₹6,758,986 cr (US$719,547 mn), a weekly contraction of ₹49,742 cr and a yearly reduction of ₹2,490 cr. Foreign currency assets fell to ₹5,554,700 cr (US$591,350 mn), decreasing ₹58,075 cr week‑on‑week. Gold holdings increased by ₹10,257 cr to ₹984,377 cr (US$104,796 mn). SDR holdings slipped by ₹1,401 cr to ₹174,808 cr (US$18,610 mn). The RBI’s reserve position in the IMF reduced by ₹524 cr to ₹45,101 cr (US$4,791 mn).

Overall, the RBI’s weekly data indicate a modest tightening of liquidity, continued growth in bank deposits and credit, and a slight erosion of foreign‑exchange reserves amid modest currency‑asset fluctuations.