Document - Reserve Money : Components and Sources () or PDF - Reserve Money : Components and Sources ()
Date : Jan 30, 2026
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. 15* Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
                         
Reserve Money 4829243 4862647 63512 1.3 50891 1.1 33405 0.7 214088 4.8 180311 3.9
1 Components (1.1+1.2+1.3)                        
1.1 Currency in Circulation 3724448 3979951 56428 1.4 78506 2.2 255503 6.9 179468 5.3 389984 10.9
1.2 Bankers' deposits with RBI 991488 766118 5503 0.7 -36704 -3.6 -225371 -22.7 9460 1.0 -222627 -22.5
1.3 'Other' deposits with RBI 113307 116579 1580 1.4 9089 9.6 3272 2.9 25160 32.1 12953 12.5
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net RBI Credit to Government 1508105 1707315 161754   -88503   199210   88673   602605  
2.1.1 Net RBI Credit to Centre 1475460 1687836 158526   -96523   212376   90140   597704  
2.2 RBI Credit to Banks and Commercial Sector -119015 -107228 -91978   273227   11787   50483   -334309  
2.2.1 RBI's Net Claims on Banks -157261 -124182 -88610   277121   33079   45198   -340750  
2.3 Net foreign exchange assets of RBI 5550947 6062086 63662 1.1 -15471 -0.3 511139 9.2 242368 4.9 836475 16.0
2.4 Government's currency liabilities to the public 36632 39895     2251 6.7 3264 8.9 3086 9.5 4212 11.8
2.5 Net non-monetary liabilities of RBI 2147427 2839420 69926 2.5 120614 6.7 691994 32.2 170522 9.8 928673 48.6
^: 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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