Document title: Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract

Issuing authority: Reserve Bank of India

Reference: Press Release 2026-2027/1341

Date: 16 October 2026

Policy Rates and Liquidity

The RBI conducted daily liquidity operations from 5 Oct 2026 to 11 Oct 2026. Net absorption (in ₹ crore) was –391,084 on 5 Oct, –359,704 on 6 Oct, –427,594 on 7 Oct, –392,129 on 8 Oct, –297,456 on 9 Oct, –138,979 on 10 Oct and –140,490 on 11 Oct. These operations involved the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) alongside repo and reverse‑repo transactions, resulting in a cumulative net liquidity absorption of roughly ₹1.39‑1.43 lakh crore over the week.

Banking and Credit

Loans and advances to State Governments increased to ₹58,569 crore as of 9 Oct 2026, a week‑on‑week rise of ₹20,155 crore and a year‑to‑date increase of ₹42,453 crore. Aggregate deposits (liabilities to others) grew 2.8 % week‑on‑week to ₹28,395,693 crore; demand deposits rose 11.4 % to ₹3,844,879 crore, while time deposits rose 1.2 % to ₹25,541,542 crore. Net bank credit to the government stood at ₹9,415,530 crore, down 1.4 % week‑on‑week, with the Reserve Bank’s share falling to ₹1,614,152 crore. Bank credit to the commercial sector increased 2.6 % week‑on‑week to ₹23,849,938 crore, of which the RBI contributed ₹6,231 crore. Food credit was ₹96,286 crore (down ₹13,435 crore week‑on‑week) and non‑food credit was ₹22,898,371 crore (up ₹678,834 crore week‑on‑week).

External Sector and Currency

Total foreign exchange reserves as of 9 Oct 2026 were ₹7,022,417 crore (US$ 702,027 million), a week‑on‑week decline of ₹50,694 crore (US$ 5,878 million) and a year‑to‑date fall of ₹468,556 crore (US$ 34,920 million). Foreign currency assets decreased to ₹5,780,313 crore, down ₹42,576 crore week‑on‑week. Gold holdings fell to ₹1,016,520 crore, down ₹8,092 crore week‑on‑week. Special Drawing Rights (SDRs) were ₹179,404 crore, down ₹232 crore week‑on‑week. The Reserve Position in the IMF rose slightly to ₹46,181 crore, up ₹206 crore week‑on‑week.

Money Stock

M3 money stock as of 30 Sep 2026 reached ₹33,766,475 crore, up ₹699,030 crore (2.1 %) week‑on‑week and 5.9 % year‑to‑date. Currency with the public was ₹4,207,251 crore, down ₹2,920 crore week‑on‑week. Demand deposits with banks increased to ₹3,890,599 crore, up ₹399,124 crore (11.4 %) week‑on‑week. Time deposits with banks rose to ₹25,541,542 crore, up ₹299,110 crore (1.2 %) week‑on‑week. Other deposits with the RBI were ₹127,084 crore, up ₹3,716 crore (3.0 %) week‑on‑week.

Financial Stability and Inclusion

The data incorporate the impact of a non‑bank merger with a bank effective 1 July 2023. Additionally, the Banking Laws (Amendment) Act, 2025 redefined the fortnightly reporting period to the 15th and last calendar day of each month, effective 15 Dec 2025.

Overall, the RBI’s weekly supplement shows a modest contraction in foreign reserves, continued growth in state‑government advances and aggregate deposits, a slight increase in the broad money stock, and active liquidity absorption through repo and SDF operations.