Document title: RBI Weekly Statistical Supplement – Extract
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026-2027/603 (Deputy General Manager)
Date: 03 July 2026
Policy Rates and Liquidity
The RBI's liquidity operations for the week ending 28 June 2026 show variable‑rate repo placements of ₹36 300 crore on 22 June, ₹141 171 crore on 23 June, and ₹16 800 crore on 25 June, with no repo activity on other days. Marginal Standing Facility (MSF) balances ranged from ₹2 236 crore on 22 June to a low of ₹269 crore on 26 June, while Standing Deposit Facility (SDF) balances increased from ₹118 739 crore on 22 June to a peak of ₹142 338 crore on 24 June. Net liquidity absorption, calculated as (1+3+5+7+9‑2‑4‑6‑8), was negative throughout, reaching a maximum outflow of ₹124 008 crore on 26 June.
Banking and Credit
Scheduled commercial banks reported aggregate deposits of ₹25 841 605 crore as of 15 June 2026, a fortnightly decline of ₹1 605 00 crore and a year‑to‑date increase of ₹4 892 34 crore, representing a 0.6% drop in the fortnight and 12.0% growth year‑to‑date. Demand deposits fell by ₹121 539 crore (‑3.1% fortnightly, ‑33.5% year‑to‑date) to ₹3 190 797 crore, while time deposits decreased by ₹38 961 crore (‑1.7% fortnightly) to ₹22 650 808 crore, together constituting the bulk of liabilities. Borrowings rose modestly by ₹11 160 crore to ₹971 348 crore, and other demand and time liabilities increased by ₹42 283 crore to ₹1 253 284 crore. Total bank credit expanded to ₹21 547 116 crore, up ₹31 714 crore fortnightly and ₹6 999 0 crore year‑to‑date, a 0.1% fortnightly and 17.7% annual growth. Food credit stood at ₹133 895 crore, down ₹3 111 crore fortnightly but up ₹63 623 crore year‑to‑date, whereas non‑food credit reached ₹21 413 222 crore, rising ₹34 825 crore fortnightly and ₹3 166 864 crore year‑to‑date.
M3 money stock declined by ₹141 312 crore (‑0.5%) to ₹31 453 126 crore in the fortnight, while the year‑to‑date rose by ₹6 099 85 crore (11.9%). Currency with the public increased by ₹12 161 crore (0.3%) fortnightly and by ₹1 142 39 crore (3.1%) year‑to‑date. Demand deposits with banks fell by ₹107 138 crore (‑3.1%) fortnightly and grew by ₹1 618 54 crore (5.7%) year‑to‑date. Time deposits with banks slipped by ₹38 914 crore (‑0.2%) fortnightly and rose by ₹338 354 crore (1.6%) year‑to‑date. Other deposits with the RBI decreased by ₹7 421 crore (‑5.8%) fortnightly and by ₹4 463 crore (‑3.9%) year‑to‑date.
Net bank credit to the government amounted to ₹9 369 275 crore, up ₹43 323 crore (0.5%) fortnightly and ₹92 032 crore (1.1%) year‑to‑date. Of this, the RBI’s share was ₹2 079 086 crore, increasing by ₹11 005 crore fortnightly and by ₹94 457 crore year‑to‑date, while other banks contributed ₹7 290 189 crore, up ₹32 318 crore fortnightly. Bank credit to the commercial sector reached ₹22 226 641 crore, a modest fortnightly rise of ₹28 281 crore (0.1%) and a substantial year‑to‑date increase of ₹4 563 131 crore (17.2%). The RBI’s direct lending to the sector was negligible, with other banks providing the bulk of credit.
External Sector and Currency
Total RBI reserves stood at ₹6 294 507 crore (US$ 666 933 million), decreasing by ₹51 500 crore (‑0.8%) in the week and by ₹259 355 crore (‑3.9%) year‑to‑date. Foreign currency assets fell by ₹96 crore fortnightly and by ₹130 818 crore (‑2.5%) year‑to‑date to ₹5 106 549 crore. Gold holdings declined by ₹50 605 crore fortnightly and by ₹126 579 crore (‑11.5%) year‑to‑date, leaving ₹967 731 crore in reserve. Special Drawing Rights (SDRs) dropped by ₹792 crore fortnightly and by ₹1 445 crore (‑0.8%) year‑to‑date to ₹175 144 crore. The RBI’s reserve position in the IMF fell by ₹199 crore fortnightly and by ₹514 crore (‑1.1%) year‑to‑date to ₹45 082 crore.
Regulatory and Policy Measures
The Banking Laws (Amendment) Act, 2025 redefined the fortnightly reporting period from alternate Fridays to the 15th and last calendar day of each month, effective 15 December 2025. All data incorporate the impact of the merger of a non‑bank with a bank effective 1 July 2023 (and another merger effective 14 July 2023 for money‑stock tables).
The latest RBI weekly statistical supplement indicates a contraction in reserves and liquidity provision alongside modest growth in bank credit and money‑stock components, reflecting ongoing adjustments in the monetary stance and banking sector dynamics.