Research and Data

Preliminary data on India’s balance of payments (BoP) for the second quarter (Q2), i.e., July-September 2025-26, are presented in Statements I and II. Key Features of India’s BoP in Q2:2025-26 India’s current account deficit moderated to US$ 12.3 billion (1.3 per cent of GDP) in Q2:2025-26 from US$ 20.8 billion (2.2 per cent of GDP) in Q2:2024-25 (Table 1).1,2 Merchandise trade deficit at US$ 87.4 billion in Q2:2025-26 was lower than US$ 88.5 billion in Q2:2024-25. Net services receipts increased to US$ 5

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of November 2025 are set out in Tables 1 to 7

The value of exports and imports of services during October 2025 is presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) July – 2025 33,740 (10.2) 17,293 (8.5) August – 2025 31,191 (2.7) 15,591 (-5.3)

Today, the Reserve Bank released its web publication entitled ‘Quarterly Basic Statistical Return (BSR)-1 on Credit by Scheduled Commercial Banks (SCBs)1- September 20252 on its ‘Database on Indian Economy’ portal (https://data.rbi.org.in Homepage > Publications). It captures various classificatory characteristics of bank credit such as occupation/activity/organisational sector of the borrower, types of accounts and their interest rates based on account-level reporting. Data reported by SCBs {excluding Regional Rural Banks (RRBs)} are presented across bank groups, population groups3 and States.

Today, the Reserve Bank released the web publication ‘Quarterly Basic Statistical Return (BSR)-2 on Deposits with Scheduled Commercial Banks – September 2025 ’ on its ‘Database on Indian Economy’ portal (https://data.rbi.org.in Homepage > Publications). Scheduled commercial banks (SCBs

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Nov. 22 Nov. 14 Nov. 21 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 22714 31808 27060 -4748 4346 * Data are provisional; difference, if any, is due to rounding off.

Data on sectoral deployment of bank credit for the month of October 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all SCBs, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit grew by 11.1 per cent as on the fortnight ended October 31, 2025, compared to 11.7 per cent during the corresponding fortnight of the previous year (i.e., November 01, 2024).

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 15-Nov-2024 31-Oct-2025* 14-Nov-2025* 15-Nov-2024 31-Oct-2025* 14-Nov-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 286037.41 324591.97 350944.60 291221.79 331728.86 357866.58** b) Borrowings from banks 135263.61 85106.05 81533.54 135338.08 85106.05 81560.54 c) Other demand & time liabilities 24650.32 27465.23 26997.34 25006.84 27925.58 27514.50

Reserve Bank of India (RBI) compiles the House Price Index (HPI) on quarterly basis based on transaction-level data received from the registration authorities. Today, the Reserve Bank released its HPI for Q2:2025-26 with base year as 2022-23, in eighteen major cities . Time series data on all-India and city

The Reserve Bank has today released data on Reserve Money for the week ended November 21, 2025 and Money Supply for the fortnight ended November 14, 2025.