Reserve Money : Components and Sources (February 13, 2026)

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Reserve Money : Components and Sources

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Date: February 13, 2026

(₹ Crore)
Item	Outstanding as on		Variation over
	2025	2026	Fortnight^		Financial Year so far				Year-on-Year
	2025	2026	Fortnight^		2024-25		2025-26		2025		2026
	Mar. 31	Jan. 31*	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
Reserve Money	4829243.0	4923190.0	60380.0	1.2	21241.0	0.5	93948.0	1.9	158867.0	3.5	270503.0	5.8
1 Components (1.1+1.2+1.3)
1.1 Currency in Circulation	3724448.0	4000947.0	20833.0	0.5	88517.0	2.5	276499.0	7.4	180771.0	5.3	400968.0	11.1
1.2 Bankers' deposits with RBI	991488.0	804977.0	38859.0	5.1	-77035.0	-7.5	-186512.0	-18.8	-45787.0	-4.6	-143438.0	-15.1
1.3 'Other' deposits with RBI	113307.0	117267.0	688.0	0.6	9758.0	10.3	3960.0	3.5	23883.0	29.7	12973.0	12.4
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net RBI Credit to Government	1508105.0	1806724.0	99410.0		-145320.0		298619.0		113534.0		758831.0
2.1.1 Net RBI Credit to Centre	1475460.0	1792273.0	104437.0		-159214.0		316813.0		105850.0		764832.0
2.2 RBI Credit to Banks and Commercial Sector	-119015.0	-182154.0	-74926.0		330232.0		-63139.0		12028.0		-466240.0
2.2.1 RBI's Net Claims on Banks	-157261.0	-200030.0	-75848.0		321878.0		-42769.0		-5495.0		-461355.0
2.3 Net foreign exchange assets of RBI	5550947.0	6356081.0	293995.0	4.8	30940.0	0.6	805134.0	14.5	296125.0	6.0	1084059.0	20.6
2.4 Government's currency liabilities to the public	36632.0	40222.0			2251.0	6.7	3591.0	9.8	2795.0	8.5	4540.0	12.7
2.5 Net non-monetary liabilities of RBI	2147427.0	3097683.0	258263.0	9.1	196863.0	11.0	950257.0	44.3	265615.0	15.4	1110686.0	55.9
^: With respect to December 31, 2025 *: With the change in the definition of fortnight vide the Banking Laws (Amendment) Act, 2025, data for reserve money are published for the 15th and the last day of the month, effective December 15, 2025.