Document title: RBI Weekly Statistical Supplement – Extract
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026-2027/1188
Date: 25 September 2026
External Sector and Currency
The RBI reported total reserves of ₹7,342,985 crore (US$ 765,901 million), a fortnight decline of ₹117,276 crore and a year‑to‑date decline of ₹14,881 crore. Foreign currency assets stood at ₹6,049,483 crore (US$ 630,980 million), down ₹120,938 crore fortnightly and ₹14,816 crore year‑to‑date. Gold holdings were ₹1,067,007 crore (US$ 111,292 million), with a modest fortnight increase of ₹4,284 crore and a year‑to‑date rise of ₹68 crore, though the year‑to‑date change is shown as a decline of ₹27,303 crore in the table. Special Drawing Rights (SDRs) amounted to ₹179,657 crore (US$ 18,739 million), falling ₹399 crore fortnightly and ₹106 crore year‑to‑date. The RBI’s reserve position in the IMF was ₹46,838 crore (US$ 4,890 million), down ₹222 crore fortnightly and ₹27 crore year‑to‑date.
Banking and Credit
Loans and advances to state governments increased to ₹19,427 crore as of 18 Sep 2026, a fortnight rise of ₹4,468 crore but a year‑on‑year fall of ₹13,019 crore. Aggregate deposits of scheduled commercial banks were ₹27,623,066 crore, decreasing by ₹248,508 crore over the fortnight; the fiscal‑year 2025‑26 figure was ₹965,850 crore, rising to ₹1,394,279 crore in FY 2026‑27, and year‑to‑date totals were ₹2,040,784 crore (2025) and ₹4,076,615 crore (2026). Deposit growth rates were –0.9% fortnightly, 4.3% for FY 2025‑26, 5.3% for FY 2026‑27, 9.5% in 2025 and 17.3% in 2026.
Demand deposits stood at ₹3,336,111 crore, down ₹112,635 crore fortnightly; time deposits were ₹24,286,955 crore, down ₹135,873 crore fortnightly. Borrowings rose modestly by ₹22,082 crore fortnightly to ₹990,679 crore. Other demand and time liabilities increased by ₹168,937 crore to ₹1,480,156 crore. Total bank credit was ₹22,329,258 crore, a fortnight decline of ₹57,894 crore; food credit was ₹109,721 crore (‑2,320 crore fortnightly) and non‑food credit was ₹22,219,537 crore (‑55,574 crore fortnightly). Growth percentages for bank credit were –0.3% fortnightly, 3.6% FY 2025‑26, 4.5% FY 2026‑27, 10.4% in 2025 and 18.1% in 2026.
Money Stock
M3 money stock as on 31 Mar 2026 was ₹31,453,126 crore, rising to ₹33,067,446 crore on 15 Sep 2026, a fortnight decline of ₹154,245 crore (‑0.5%). Year‑to‑date growth was 9.2% in 2025 and 16.6% in 2026. Components: Currency with the public increased by ₹16,062 crore (0.4%) fortnightly to ₹4,210,170 crore; demand deposits with banks fell by ₹111,479 crore (‑3.1%) to ₹3,491,475 crore; time deposits with banks fell by ₹59,373 crore (‑0.2%) to ₹25,242,433 crore; other deposits with the RBI rose by ₹546 crore (0.4%) to ₹123,368 crore. Sources: Net bank credit to government was ₹9,551,257 crore, up ₹67,374 crore (0.7%) fortnightly; of this, the RBI’s share fell by ₹13,295 crore while other banks contributed an increase of ₹80,669 crore. Bank credit to the commercial sector was ₹23,247,931 crore, up ₹7,827 crore (0.0%) fortnightly, with the RBI’s share falling sharply and other banks providing the bulk of the increase.
Liquidity Facilities (Policy Rates)
The weekly liquidity table shows the following: on 15 Sep 2026 the variable‑rate reverse repo rate was ₹393,352 crore, MSF was ₹1,038 crore and SDF was ₹278,783 crore, resulting in net absorption of ₹‑671,097 crore. Subsequent days saw variable‑rate reverse repo rates of ₹290,327 crore (16 Sep), ₹239,959 crore (17 Sep) and ₹222,629 crore (18 Sep). MSF values fell from ₹1,038 crore to ₹191 crore over the period, while SDF declined from ₹278,783 crore to ₹109,293 crore. Absorption remained negative throughout, ranging from ₹‑241,807 crore on 14 Sep to ₹‑91,665 crore on 20 Sep. On 18 Sep a small liquidity facility of ₹‑103 crore was recorded and a sale of ₹50,000 crore occurred.
Regulatory and Policy Measures
The bulletin notes that, pursuant to the Banking Laws (Amendment) Act, 2025, the definition of a fortnight has been changed from “alternate Fridays” to the 15th and last calendar day of each month, effective 15 Dec 2025. Data tables also incorporate the impact of a non‑bank merger with a bank effective 1 July 2023 (liabilities) and 14 July 2023 (money‑stock components).
Overall, the RBI’s weekly data indicate a modest contraction in total reserves and deposits, modest growth in bank credit, a slight rise in M3 money stock, and continued active use of liquidity facilities to manage short‑term market conditions.