The Reserve Bank has today released data on Reserve Money for the week ended November 08, 2024.

Today, the Reserve Bank of India (RBI) released the Report on Municipal Finances. The Report with the theme “Own Sources of Revenue Generation in Municipal Corporations: Opportunities and Challenges” presents an analysis of the budgetary data for 232 municipal corporations (MCs), which covers more than 90 per cent of total MCs in the country. It may be recalled that the Reserve Bank had released its maiden Report on Municipal Finances in November 2022 followed by a study on the Finances of Panchayati Raj Institutions in January 2024.

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of October 2024.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of September 2024.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Nov. 3 Oct. 25 Nov. 1 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 26781 24079 31294 7214 4513 * Data are provisional; difference, if any, is due to rounding off.

The Reserve Bank has today released data on Reserve Money for the week ended November 01, 2024.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Oct. 27 Oct. 18 Oct. 25 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 21871 23398 24079 682 2208 * Data are provisional; difference, if any, is due to rounding off.

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of October 2024 are set out in Tables 1 to 7.

The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for April - June of 2024-25.

The value of exports and imports of services during September 2024 is given in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) July – 2024 30,580 (16.6) 15,903 (15.7) August – 2024 30,340 (5.7) 16,423 (8.8) September – 2024 32,579 (14.6) 16,507 (13.2) Notes: (i) Data are provisional; and (ii) Figures in parentheses are growth rates over the corresponding month of the previous year which have been revised on the basis of balance of payments statistics.

Data on sectoral deployment of bank credit for the month of September 2024 collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit in September 2024 grew at 14.4 per cent, as compared to 15.3 per cent a year ago.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 20-Oct-2023 04-Oct-2024* 18-Oct-2024* 20-Oct-2023 04-Oct-2024* 18-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 240291.21 287920.78 294002.82 244279.94 292252.74 298612.42** b) Borrowings from banks 200948.20 127899.61 130776.35 201039.57 127950.17 130806.35 c) Other demand & time liabilities 71636.68 22225.29 23256.84 72437.00 22565.39 23585.72

The Reserve Bank has today released data on Reserve Money for the week ended October 25, 2024 and Money Supply for the fortnight ended October 18, 2024.

The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The November 2024 round of the survey is being launched. The survey aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram.

The Reserve Bank of India has been regularly conducting Consumer Confidence Survey (CCS). The November 2024 round of the survey is being launched. The survey seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households’ income and spending.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Oct. 20 Oct. 11 Oct. 18 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 20227 9074 23398 14324 3171 * Data are provisional; difference, if any, is due to rounding off.

Today, the Reserve Bank released the results of 2023-24 round of its survey on international trade in banking services (ITBS). This annual survey focuses on cross-border fund-based banking services (e.g., deposits, credit) as well as financial auxiliary services with explicit/implicit fees/commissions charged by foreign branches/ subsidiaries (including joint ventures) of Indian banks as well as foreign banks operating in India (details of the services are given in the Annex). The latest round of the survey covers 14 Indian banks having overseas branches/subsidiaries and 45 foreign banks having branches/subsidiaries in India.

The Reserve Bank has today released data on Reserve Money for the week ended October 18, 2024.

Today, the Reserve Bank released the October 2024 issue of its monthly Bulletin. The Bulletin includes Monetary Policy Statement (October 7-9) 2024-2025, six speeches, seven articles, and current statistics. The seven articles are: I. State of the Economy; II. Monetary Policy Transmission in India: The Recent Experience; III. Nowcasting Food Inflation in India: Leveraging Price and Non-Price Signals through Machine Learning; IV. How Indian Banks are Adopting Artificial Intelligence?; V. COVID-19 and Performance of MSME Clusters in India; VI. Cash Usage Indicator for India; and VII. New Digital Economy and the Paradox of Productivity.

Today, the Reserve Bank released the data related to the 2023-24 round of its annual survey on computer software and information technology enabled services (ITES) exports. The survey collects details on India’s exports of software services {computer services and ITES/business process outsourcing (BPO) services} as per type of activity, on-site/off-site nature of services, country of destination and modes of supply.