Document title: Scheduled Banks' Statement of Position in India as on October 31, 2026
Issuing authority: Reserve Bank of India
Reference: Press Release 2026-2027/1493
Date: 13 November 2026
Policy Rates and Liquidity
The RBI’s borrowings by scheduled banks increased markedly, from ₹5,489 crore on 31‑Oct‑2025 to ₹630 crore on 15‑Oct‑2026 and further to ₹29,134 crore on 31‑Oct‑2026. Correspondingly, balances with the RBI rose from ₹842,947.33 crore to ₹798,762.38 crore on 15‑Oct‑2026 and to ₹858,022.76 crore on 31‑Oct‑2026. Cash holdings of scheduled banks moved from ₹87,562.69 crore to ₹79,196.03 crore on 15‑Oct‑2026 and to ₹83,668.29 crore on 31‑Oct‑2026.
Banking and Credit
Liabilities to the banking system comprised demand and time deposits from banks of ₹425,426.98 crore, borrowings from banks of ₹78,966.99 crore, and other demand and time liabilities of ₹61,113.83 crore as of 31‑Oct‑2026. Liabilities to others totaled ₹28,816,080.37 crore, including demand deposits of ₹3,476,854.41 crore and time deposits of ₹24,774,221.80 crore. Borrowings from others amounted to ₹1,052,608.56 crore, and other demand and time liabilities were ₹1,301,519.82 crore.
Investments at book value stood at ₹7,527,599.97 crore, of which central and state government securities accounted for ₹7,527,427.77 crore and other approved securities for ₹172.20 crore. Bank credit, excluding inter‑bank advances, reached ₹23,703,225.02 crore, with loans, cash credits and overdrafts at ₹22,699,003.72 crore. Inland bills purchased were ₹119,262.11 crore and discounted ₹326,915.61 crore. Foreign bills purchased and discounted were ₹16,043.77 crore and ₹21,273.99 crore respectively.
Assets with the banking system included balances with other banks: current accounts ₹9,710.33 crore and other accounts ₹310,086.94 crore. Money at call and short notice rose to ₹45,386.57 crore, and advances to banks were ₹39,819.59 crore. Other assets amounted to ₹114,808.11 crore.
Food credit outstanding for scheduled commercial banks increased to ₹123,266.71 crore, while scheduled co‑operative banks held steady at ₹52,074.00 crore.
The number of scheduled commercial banks was 120, with 26 scheduled state co‑operative banks and 55 scheduled primary (urban) co‑operative banks.
Financial Stability and Inclusion
A change in accounting practice for liquidity assistance facility (LAF) transactions, effective from 11 July 2014 following the Malegam Committee recommendations, now records repo, term repo and marginal standing facility (MSF) transactions under “Borrowings from RBI”. The statement excludes deposits of co‑operative banks with scheduled state co‑operative banks and advances granted by scheduled state co‑operative banks to co‑operative banks.
Regulatory and Policy Measures
The release notes that demand and time liabilities exclude borrowings of scheduled state co‑operative banks from state governments and reserve‑fund deposits of co‑operative societies. It also clarifies that borrowings against usance bills or promissory notes fall under Section 17(4)(c) of the RBI Act, 1934.