Annual Report

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May 29, 2026
Annual Report 2025-26
Letter of transmittal
Central Board / Local Boards
Principal Officers
Contents
Select Abbreviations
Part I : The Economy : Review and Prospects
I. Assessment and Prospects
II. Economic Review
Part II : The Working and Operations of The Reserve Bank of India
III. Monetary Policy Operations
IV. Credit Delivery and Financial Inclusion
V. Financial Markets and Foreign Exchange Management
VI. Regulation, Supervision and Financial Stability
VII. Public Debt Management
VIII. Currency Management
IX. Payment and Settlement Systems and Information Technology
X. Communication, International Relations, Research and Statistics
XI. Governance, Human Resources and Organisational Management
XII. The Reserve Bank’s Accounts for 2025-26
Annex : Chronology of Major Policy Announcements - April 2025 to March 2026
Appendix Tables
Macroeconomic and Financial Indicators
Growth Rates and Composition of Real Gross Domestic Product (At 2022-23 prices)
Gross Savings
Inflation, Money and Credit
Flow of Financial Resources to Commercial Sector
Key Fiscal Indicators
India’s Overall Balance of Payments

Annual Report

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