Skip to content
Finance Editorial

India Forex Reserves, Bank Credit and RBI Liquidity Data

RBI data shows Indiaโ€™s forex reserves, bank deposits, credit, money stock and liquidity operations, alongside a โ‚น7 trillion reverse repo auction.

India Forex Reserves, Bank Credit and RBI Liquidity Data
Abhishek Sharma
Founder & Editor-in-Chief
Published: Updated: 5 min read

Updated ยท Originally published

Advertisement

Indiaโ€™s forex reserves and RBI liquidity data showed strong changes across foreign exchange reserves, bank deposits, bank credit, money supply and liquidity operations in the latest Reserve Bank of India Weekly Statistical Supplement.

As of August 28, 2026, Indiaโ€™s total foreign exchange reserves stood at โ‚น7,066,658 crore, or US$740,803 million. Reserves increased by โ‚น85,328 crore, or US$11,475 million, during the week.

India Forex Reserves Reach โ‚น7,066,658 Crore

Foreign currency assets stood at โ‚น5,729,832 crore, or US$600,670 million, after increasing by โ‚น69,442 crore, or US$9,337 million, during the week.

Gold reserves were โ‚น1,110,438 crore, or US$116,409 million, with a weekly increase of โ‚น17,111 crore, or US$2,191 million.

Advertisement

SDR holdings stood at โ‚น179,428 crore, or US$18,810 million, declining by โ‚น1,031 crore, or US$43 million during the week. India’s reserve position in the IMF was โ‚น46,960 crore, or US$4,914 million, down by โ‚น193 crore, or US$11 million.

Compared with end-March 2026, total reserves increased by โ‚น512,797 crore, or US$49,696 million. Foreign currency assets rose by โ‚น492,465 crore, or US$48,387 million, while gold increased by โ‚น16,129 crore, or US$1,014 million.

SDRs increased by โ‚น2,839 crore, or US$188 million, while India’s reserve position in the IMF rose by โ‚น1,365 crore, or US$106 million compared with end-March.

On a year-on-year basis, total reserves increased by โ‚น941,303 crore, or US$46,574 million. Foreign currency assets rose by โ‚น577,465 crore, or US$16,733 million, gold increased by โ‚น344,835 crore, or US$29,641 million, SDRs rose by โ‚น13,763 crore, or US$34 million, and the IMF reserve position increased by โ‚น5,239 crore, or US$165 million.

Bank Deposits, Credit and Money Stock

Scheduled commercial banks’ aggregate deposits stood at โ‚น26,931,346 crore as of August 15, 2026, down โ‚น6,534 crore over the fortnight. Deposits increased by โ‚น70,259 crore during financial year 2026-27 so far and by โ‚น345,912 crore year-on-year, compared with an increase of โ‚น212,491 crore in 2025.

Aggregate deposit growth was 2.7% during financial year 2026-27 so far, compared with 3.9% in 2025. Year-on-year deposit growth stood at 14.7%, against 10.0% in 2025.

Demand deposits stood at โ‚น3,302,392 crore, falling by โ‚น12,978 crore during the fortnight. They increased by โ‚น148,677 crore in 2025-26, declined by โ‚น38,681 crore in 2026-27 so far, and rose by โ‚น43,216 crore in 2025 and โ‚น45,567 crore in 2026 on a year-on-year basis.

Time deposits stood at โ‚น23,628,953 crore, rising by โ‚น12,745 crore during the fortnight. They increased by โ‚น742,856 crore in 2025-26 and โ‚น108,940 crore in 2026-27 so far, while year-on-year increases were โ‚น171,025 crore in 2025 and โ‚น300,345 crore in 2026.

Borrowings stood at โ‚น891,863 crore, down โ‚น19,329 crore during the fortnight. Other demand and time liabilities stood at โ‚น1,162,706 crore, declining by โ‚น33,000 crore during the fortnight.

Bank credit stood at โ‚น22,007,764 crore, falling by โ‚น70,639 crore during the fortnight. Credit increased by โ‚น362,194 crore in 2025-26 and โ‚น647,867 crore in 2026-27 so far.

On a year-on-year basis, bank credit increased by โ‚น172,586 crore in 2025 and โ‚น340,197 crore in 2026. Credit growth was 3.0% during 2026-27 so far, compared with 2.0% in 2025-26, while year-on-year growth accelerated to 18.3% from 10.2%.

Food credit stood at โ‚น114,136 crore, declining by โ‚น3,694 crore during the fortnight. Non-food credit was โ‚น21,893,628 crore, down by โ‚น66,945 crore during the fortnight.

Broad money supply, or M3, stood at โ‚น3,229,503 crore on August 15, compared with โ‚น3,145,126 crore on March 31, 2026.

M3 increased by โ‚น16,690 crore, or 0.1%, over the fortnight. It rose by โ‚น1,002,119 crore, or 3.7%, in 2025-26 and by โ‚น84,377 crore, or 2.7%, in 2026-27 so far.

On a year-on-year basis, M3 increased by โ‚น2,479,106 crore, or 9.6%, in 2025 and by โ‚น400,579 crore, or 14.2%, in 2026.

Advertisement

Currency with the public stood at โ‚น420,715 crore, demand deposits with banks at โ‚น345,633 crore, time deposits with banks at โ‚น2,450,746 crore, and other deposits with the Reserve Bank at โ‚น12,363 crore.

RBI Liquidity Operations and Reverse Repo Auction

The RBI’s liquidity operations recorded net absorption on each day from August 24 to August 30, 2026.

Net absorption was โ‚น37,362 crore on August 24, โ‚น29,651 crore on August 25, โ‚น19,018 crore on August 26, โ‚น28,930 crore on August 27, โ‚น40,214 crore on August 28, โ‚น26,285 crore on August 29, and โ‚น25,813 crore on August 30.

Variable-rate reverse repo operations amounted to โ‚น41,186 crore on August 24, โ‚น9,851 crore on August 25, โ‚น14,262 crore on August 27, and โ‚น15,237 crore on August 28.

The Standing Deposit Facility stood at โ‚น230,750 crore, โ‚น197,130 crore, โ‚น191,115 crore, โ‚น149,083 crore, โ‚น249,945 crore, โ‚น263,990 crore and โ‚น259,918 crore respectively from August 24 to August 30.

The Marginal Standing Facility figures were โ‚น439 crore, โ‚น284 crore, โ‚น397 crore, โ‚น2,401 crore, โ‚น358 crore, โ‚น1,905 crore and โ‚น1,786 crore over the same period. Standing liquidity facilities showed -โ‚น2,155 crore on August 24 and -โ‚น989 crore on August 25.

The RBI is also set to conduct a โ‚น7 trillion ($74.1 billion), 30-day variable-rate reverse repo auction on Monday. The longer tenor follows recent operations of up to 15 days and will allow the central bank to keep excess cash parked for a longer period.

India’s banking system has a record โ‚น10.5 trillion of excess cash, according to a Bloomberg Economics index cited in the source material.

The RBI’s programme to attract foreign-currency deposits from overseas Indians brought in a record $127 billion. The central bank closed the window in August, a month ahead of schedule. Including subsidised overseas borrowing by banks and state-run companies, the measures brought in $136.4 billion.

Q1. What were Indiaโ€™s forex reserves on August 28, 2026?

Indiaโ€™s total foreign exchange reserves stood at โ‚น7,066,658 crore, or US$740,803 million.

Q2. How much did Indiaโ€™s forex reserves increase during the week?

Indiaโ€™s forex reserves increased by โ‚น85,328 crore, or US$11,475 million, during the week.

Q3. How much were Indiaโ€™s bank deposits and bank credit?

Aggregate deposits stood at โ‚น26,931,346 crore, while bank credit was โ‚น22,007,764 crore as of August 15, 2026.

Q4. What was Indiaโ€™s M3 money supply in August 2026?

Indiaโ€™s M3 money supply stood at โ‚น3,229,503 crore on August 15, 2026.

Q5. How large is the RBI’s planned variable-rate reverse repo auction?

The RBI will conduct a โ‚น7 trillion ($74.1 billion) auction with a 30-day tenor.

Source: Reserve Bank of India Official Website

Sources

  1. rbidocs.rbi.org.in

Sourcing and verification are governed by our editorial policy.

Advertisement
Abhishek Sharma
Founder & Editor-in-Chief

Abhishek Sharma

Iโ€™m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire.I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world.I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas.As an investor, Iโ€™m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential.I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities.Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

Last reviewed by Abhishek Sharma on October 13, 2026

Disclaimer: BigBreakingWire provides news and informational content for general educational purposes only. The information presented on this website does not constitute financial, investment, tax, or legal advice. Readers should consult qualified professionals before making any financial decisions. BigBreakingWire, its authors, and editors are not responsible for any financial losses or damages arising from the use of information on this site.

Discussion

Share your take โ€” react and comment in seconds, no login needed.

0 comments

Loading discussionโ€ฆ

Be civil โ€” abusive or promotional comments get removed. No login required.

Install app