Document title: Reserve Bank of India – Weekly Statistical Supplement (July 17, 2026)
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026-2027/697
Date: 17 July 2026
External Sector and Currency
The RBI reported total reserves of ₹6,436,221 crore (US$ 675,157 million), a fortnightly increase of ₹15,619 crore and a year‑to‑date decline of ₹117,640 crore. Foreign currency assets stood at ₹5,209,825 crore, rising ₹14,078 crore in the week but down ₹27,542 crore year‑to‑date. Gold holdings were ₹1,003,147 crore, up ₹1,235 crore fortnightly yet down ₹91,163 crore for the year. Special Drawing Rights (SDRs) amounted to ₹177,563 crore, increasing ₹209 crore in the week and up ₹974 crore year‑to‑date. The Reserve Bank’s position in the IMF was ₹45,686 crore, up ₹97 crore fortnightly and up ₹91 crore year‑to‑date.
Banking and Credit
Scheduled commercial banks’ aggregate deposits rose 2.7% fortnightly to ₹26,538,493 crore, a FY increase of ₹845,044 crore and a YoY rise of ₹3,112,848 crore (13.3%). Demand deposits fell by ₹153,695 crore fortnightly, were ₹471,197 crore higher FY, and were ₹462,704 crore lower YoY. Time deposits grew ₹352,023 crore fortnightly, up ₹470,219 crore FY, and up ₹2,650,144 crore YoY. Borrowings declined ₹131,378 crore fortnightly, down ₹65,030 crore FY, and fell ₹10,248 crore YoY. Other demand and time liabilities fell ₹66,349 crore fortnightly, down ₹14,816 crore FY, but rose ₹140,128 crore YoY. Total bank credit expanded 1.8% fortnightly to ₹21,928,365 crore, up ₹381,249 crore FY and up ₹3,442,165 crore YoY (18.6%). Food credit was ₹132,049 crore, decreasing ₹1,845 crore fortnightly, rising ₹27,858 crore FY and up ₹67,661 crore YoY. Non‑food credit reached ₹21,796,315 crore, up ₹383,094 crore fortnightly, up ₹214,370 crore FY and up ₹3,374,505 crore YoY.
Money Stock and Liquidity
M3, the broad money aggregate, stood at ₹31,887,695 crore on 30 June 2026, up ₹666,958 crore (2.1%) fortnightly, up ₹943,867 crore (3.5%) FY, and up ₹3,657,240 crore (13.0%) YoY. Its components were: Currency with the public at ₹4,199,830 crore (‑29,511 crore, ‑0.7% fortnightly; +91,901 crore, +2.5% FY; +4,777,178 crore, +12.8% YoY), demand deposits with banks at ₹3,690,383 crore (+334,055 crore, +10% fortnightly; +375,353 crore, +13.2% FY; +475,008 crore, +14.8% YoY), time deposits with banks at ₹23,875,417 crore (+360,196 crore, +1.5% fortnightly; +481,222 crore, +2.3% FY; +2,691,686 crore, +12.7% YoY), and other deposits with the RBI at ₹122,065 crore (+2,218 crore, +1.9% fortnightly; ‑4,610 crore, ‑4.1% FY; +13,368 crore, +12.3% YoY). Net bank credit to the government was ₹9,336,814 crore, down ₹5,878 crore (‑0.1%) fortnightly, up ₹9,207 crore (0.1%) FY, and up ₹816,781 crore (9.6%) YoY. Of this, the RBI’s share fell to ₹1,923,070 crore, while other banks increased to ₹7,413,743 crore. Net bank credit to the commercial sector rose to ₹22,784,978 crore, up ₹391,554 crore (1.7%) fortnightly, up ₹215,243 crore (1.1%) FY, and up ₹3,501,606 crore (18.2%) YoY, driven primarily by other banks.
Policy Rates and Liquidity
Variable‑rate repo operations during the week of 6‑12 July 2026 ranged from a low of ₹1,135 to a high of ₹46,729. The Marginal Standing Facility (MSF) rates were ₹5,737, ₹241, ₹282, ₹78, ₹298, ₹477 and ₹740 respectively, while the Standing Deposit Facility (SDF) balances were ₹149,525 million, ₹151,892 million, ₹99,812 million, ₹167,785 million, ₹174,262 million, ₹172,088 million and ₹172,284 million. Liquidity absorption figures were negative throughout, indicating net outflow of funds, with the largest weekly absorption of ₹‑171,611 crore on 11‑12 July.
Overall, the RBI’s weekly supplement shows a modest increase in total reserves and money stock, continued growth in bank deposits and credit, and a tight liquidity environment reflected in high MSF levels and substantial liquidity absorption.