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Reserve Money : Components and Sources
139033108

Reserve Money : Components and Sources

(₹ Crore)
Item Outstanding as on Variation over
2025 2026 Fortnight^ Financial Year so far Year-on-Year
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.

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