| (₹ 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 | Mar. 31* | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| M3 | 27286589 | 31466475 | 1273017 | 4.2 | 2903921 | 11.6 | 4179886 | 15.3 | 2356524 | 9.2 | 3622694 | 13.0 |
| 1 Components (1.1.+1.2+1.3+1.4) | | | | | | | | | | | | |
| 1.1 Currency with the Public | 3630751 | 4067578 | 14918 | 0.4 | 239801 | 7.0 | 436826 | 12.0 | 219290 | 6.4 | 417500 | 11.4 |
| 1.2 Demand Deposits with Banks | 2840023 | 3844896 | 611787 | 18.9 | 339256 | 13.1 | 1004873 | 35.4 | 186627 | 6.8 | 918751 | 31.4 |
| 1.3 Time Deposits with Banks | 20702508 | 23411178 | 625367 | 2.7 | 2316193 | 12.3 | 2708670 | 13.1 | 1933821 | 10.1 | 2246825 | 10.6 |
| 1.4 ‘Other’ Deposits with Reserve Bank | 113307 | 142824 | 20945 | 17.2 | 8671 | 9.2 | 29517 | 26.1 | 16787 | 19.4 | 39617 | 38.4 |
| 2 Sources (2.1+2.2+2.3+2.4-2.5) | | | | | | | | | | | | |
| 2.1 Net Bank Credit to Government | 8510825 | 9328437 | 134915 | 1.5 | 945508 | 12.4 | 817611 | 9.6 | 813863 | 10.5 | 779358 | 9.1 |
| 2.1.1 Reserve Bank | 1508105 | 2038448 | 89912 | | 384177 | | 530343 | | 303840 | | 461058 | |
| 2.1.2 Other Banks | 7002720 | 7289989 | 45003 | 0.6 | 561330 | 8.8 | 287269 | 4.1 | 510023 | 7.9 | 318300 | 4.6 |
| 2.2 Bank Credit to Commercial Sector | 19068129 | 22228134 | 620883 | 2.9 | 2007818 | 11.7 | 3160005 | 16.6 | 1864516 | 10.7 | 3017484 | 15.7 |
| 2.2.1 Reserve Bank | 38246 | 28254 | 17149 | | 7131 | | -9992 | | 10114 | | 6716 | |
| 2.2.2 Other Banks | 19029883 | 22199880 | 603734 | 2.8 | 2000687 | 11.6 | 3169997 | 16.7 | 1854402 | 10.7 | 3010768 | 15.7 |
| 2.3 Net Foreign Exchange Assets of Banking Sector | 6148527 | 7044109 | -27572 | -0.4 | 632271 | 11.4 | 895582 | 14.6 | 622863 | 11.2 | 844335 | 13.6 |
| 2.4 Government's Currency Liabilities to the Public | 36632 | 40815 | 127 | 0.3 | 3200 | 9.6 | 4183 | 11.4 | 3200 | 9.6 | 4183 | 11.4 |
| 2.5 Banking Sector's Net Non-Monetary Liabilities | 6477524 | 7175020 | -544664 | -7.1 | 684876 | 12.5 | 697496 | 10.8 | 947917 | 18.2 | 1022666 | 16.6 |
| 2.5.1 Net Non-Monetary Liabilities of RBI | 2147427 | 3059856 | -53138 | -1.7 | 415270 | 23.2 | 912430 | 42.5 | 407473 | 22.7 | 854452 | 38.7 |
Note: Data include the impact of merger of a non-bank with a bank w.e.f. July 14, 2023.
^: With respect to March 15, 2026.
*: Data pertaining to Reserve Bank’s balance sheet relate to March 30, 2026 as the balance sheet as on March 31, 2026 will be available only by end-May 2026. |