Relevant Extracted Data –
Auction results of Government/State Securities
No auction data reported in this release.
Money market operations
- Repo Operations (May 29‑31 2026)
- May 29, 2026: Variable Rate Repo ₹94,596 crore, MSF ₹151 crore, SDF ₹209,093 crore, Liquidity Facilities ₹240 crore, Net Absorption ‑₹114,106 crore.
- May 30, 2026: MSF ₹1,380 crore, SDF ₹238,175 crore, Net Absorption ‑₹236,795 crore (no repo reported).
- May 31, 2026: MSF ₹652 crore, SDF ₹234,617 crore, Net Absorption ‑₹233,965 crore (no repo reported).
- Overall repo‑related absorption for the week totals approximately ₹165 billion.
Foreign exchange turnover data
No foreign exchange turnover data reported in this release.
Surveys or reports
- Liabilities and Assets (as of May 22‑30 2026)
- Total Reserves: ₹6,483,678 crore (down ₹39,538 crore week‑on‑week).
- Foreign Currency Assets: ₹5,189,565 crore (down ₹9,056 crore week‑on‑week).
- Gold Holdings: ₹1,069,944 crore (down ₹28,945 crore week‑on‑week).
- SDRs: ₹178,137 crore (down ₹1,339 crore week‑on‑week).
- Reserve Position in IMF: ₹46,032 crore (down ₹199 crore week‑on‑week).
- Scheduled Commercial Banks – Liabilities (as on May 15 2026)
- Aggregate Deposits: ₹25,688,821 crore, variation ‑₹179,764 crore (‑0.7%).
- Demand Deposits: ₹3,165,054 crore, variation ‑₹138,435 crore.
- Time Deposits: ₹22,523,767 crore, variation ‑₹41,329 crore.
- Borrowings: ₹991,949 crore, up ₹34,720 crore.
- Other Demand & Time Liabilities: ₹1,107,704 crore, down ₹23,956 crore.
- Bank Credit: ₹21,186,890 crore, down ₹23,807 crore (‑0.1% growth).
- Money Stock (M3) and Components (as of Mar 31 2026)
- M3: ₹31,453,126 crore, week‑on‑week change ‑₹140,802 crore (‑0.5%); year‑on‑year increase ₹3,316,792 crore (+12.0%).
- Currency with Public: ₹4,065,488 crore, up ₹39,159 crore (+0.9%).
- Demand Deposits with Banks: ₹3,844,879 crore, down ₹139,547 crore (‑4.0%).
- Time Deposits with Banks: ₹23,410,625 crore, down ₹40,743 crore (‑0.2%).
- Other Deposits with RBI: ₹132,134 crore, up ₹330 crore (+0.3%).
- Sources of Money Stock
- Net Bank Credit to Government: ₹9,369,275 crore, up ₹61,060 crore (+0.6%).
- RBI contribution: ₹2,079,086 crore.
- Other Banks: ₹7,290,189 crore, down ₹11,748 crore (‑0.2%).
- Bank Credit to Commercial Sector: ₹22,226,641 crore, down ₹28,200 crore (‑0.1%).
- RBI contribution: ₹28,247 crore, down ₹26,557 crore.
- Other Banks: ₹22,198,394 crore, down ₹25,543 crore (‑0.1%).
Borrowings, liquidity, capital markets impact
- The decline in aggregate deposits (‑₹179,764 crore) signals reduced liquidity in the banking system, potentially affecting credit growth.
- Repo absorption of roughly ₹165 billion indicates RBI’s active liquidity management through open market operations.
- The modest fall in total reserves and foreign currency assets may influence market sentiment toward the rupee and sovereign debt.
Press Release Reference: 2026-2027/391, Deputy General Manager Ajit Prasad (Communications)