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Document - 8. Monetary Survey () or PDF - 8. Monetary Survey ()
8. Monetary Survey
Date : Oct 20, 2025
(₹ Crore)
Item Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2024-25 2024 2025
Aug. 23 Jul. 25 Aug. 08 Aug. 22
1 2 3 4 5
Monetary Aggregates          
NM1 (1.1+1.2.1+1.3) 6584081 6085046 6833766 6827393 6857897
NM2 (NM1 + 1.2.2.1) 15768688 14834346 16288486 16349581 16376038
NM3 (NM2 +1.2.2.2 + 1.4 = 2.1 + 2.2 + 2.3 – 2.4 – 2.5) 27909568 26439312 28681808 28827653 28871731
1 Components          
1.1 Currency with the Public 3630751 3404741 3707458 3727559 3715737
1.2 Aggregate Deposits of Residents 23250261 22031372 24029154 24150530 24183940
1.2.1 Demand Deposits 2840023 2588482 3018666 2990112 3032516
1.2.2 Time Deposits of Residents 20410239 19442890 21010489 21160418 21151424
1.2.2.1 Short-term Time Deposits 9184607 8749300 9454720 9522188 9518141
1.2.2.1.1 Certificates of Deposits (CDs) 527375 441388 507798 509055 494788
1.2.2.2 Long-term Time Deposits 11225631 10693589 11555769 11638230 11633283
1.3 'Other' Deposits with RBI 113307 91822 107642 109722 109645
1.4 Call/Term Funding from Financial Institutions 915248 911377 837554 839842 862409
2 Sources          
2.1 Domestic Credit 28802443 26570742 29125727 29376179 29305221
2.1.1 Net Bank Credit to the Government 8510825 7694769 8541317 8681282 8585943
2.1.1.1 Net RBI credit to the Government 1508105 1025545 1502150 1615236 1511706
2.1.1.2 Credit to the Government by the Banking System 7002720 6669224 7039167 7066046 7074237
2.1.2 Bank Credit to the Commercial Sector 20291618 18875973 20584410 20694897 20719277
2.1.2.1 RBI Credit to the Commercial Sector 38246 10307 12383 12425 13069
2.1.2.2 Credit to the Commercial Sector by the Banking System 20253372 18865667 20572027 20682472 20706208
2.1.2.2.1 Other Investments (Non-SLR Securities) 1208294 1150445 1243910 1271404 1253713
2.2 Government's Currency Liabilities to the Public 36632 34306 38057 38057 38057
2.3 Net Foreign Exchange Assets of the Banking Sector 5605462 5420274 5943463 6030195 5986001
2.3.1 Net Foreign Exchange Assets of the RBI 5550947 5563594 5869680 5905718 5870992
2.3.2 Net Foreign Currency Assets of the Banking System 54514 -143320 73784 124477 115008
2.4 Capital Account 4481192 4421744 5127183 5155270 5156447
2.5 Other items (net) 2053777 1164266 1298257 1461509 1301101
Note: NM2 and NM3 do not include FCNR (B) deposits.
2.4: Consist of paid-up capital and reserves.
2.5: includes other demand and time liabilities of the banking system.

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