**Executive Summary**
This document is an extract from the Reserve Bank of India's (RBI) weekly statistical bulletin, dated January 16, 2026. It provides data on the RBI's liabilities and assets, foreign exchange reserves, scheduled commercial banks' business in India, money stock components and sources, and liquidity operations by the RBI. The data includes variations on a weekly, year-to-date, and year-on-year basis.
**Key Points / Main Content**
* **Reserve Bank of India - Liabilities and Assets (as of January 09, 2026):**
* Loans and Advances: Central Government loans at 0 crore; State Governments at 13,012 crore.
* **Foreign Exchange Reserves (as of January 09, 2026):**
* Total Reserves: Cr 6195896, US$ Mn 687193, with year on year variation of Cr 815494 and US$ Mn 61322
* Foreign Currency Assets: Cr 4966747, US$ Mn 550866, with year on year variation of Cr 358815 and US$ Mn 14854
* Gold: Cr 1017307, US$ Mn 112830, with year on year variation of Cr 433735 and US$ Mn 44947
* SDRs: Cr 168956, US$ Mn 18739, with year on year variation of Cr 16095 and US$ Mn 958
* Reserve Position in the IMF: Cr 42886, US$ Mn 4758, with year on year variation of Cr 6849 and US$ Mn 562
* **Scheduled Commercial Banks - Business in India (as of December 31, 2025):**
* Aggregate Deposits: 24859857 crore, with year on year variation of 2797266 crore.
* Borrowings: 825578 crore, with year on year variation of -129522 crore.
* Bank Credit: 20322515 crore, with year on year variation of 2579478 crore.
* Food Credit: 87972 crore, with year on year variation of 31834 crore.
* Non-food credit: 20234543 crore, with year on year variation of 2547644 crore.
* **Money Stock Components and Sources (as of December 31, 2025):**
* M3: 29800906 crore.
* Currency with the Public: 3828359 crore.
* Demand Deposits with Banks: 3423133 crore.
* Time Deposits with Banks: 22434416 crore.
* **Liquidity Operations by RBI (January 05-11, 2026):**
* Includes data on Repo, Reverse Repo, Variable Rate Repo, MSF, SDF, and OMO operations.
* **Banking Laws Amendment:**
* As per the Banking Laws (Amendment) Act, 2025, the definition of "fortnight" has been revised to the 15th and last calendar day of each month, effective December 15, 2025.
**Impact Analysis**
**Stakeholder:** Central Government
* **Impact:** Affected by the data on RBI loans and advances to the Central Government.
* **Action Required:** Monitor the borrowing levels and their impact on the fiscal situation.
**Stakeholder:** State Governments
* **Impact:** Affected by the data on RBI loans and advances to the State Governments.
* **Action Required:** Monitor the borrowing levels and their impact on the fiscal situation.
**Stakeholder:** Scheduled Commercial Banks
* **Impact:** The data on business in India, including deposits, borrowings, and credit, provides insights into banking activity.
* **Action Required:** Analyze the trends in deposits, borrowings, and credit to inform business strategy and risk management.
**Stakeholder:** Financial Analysts/Economists/Researchers
* **Impact:** The bulletin provides data for analyzing monetary policy and economic trends.
* **Action Required:** Utilize the data to assess the effectiveness of monetary policy and forecast future economic activity.
Key Entities Referenced
Reserve Bank of India: Central bank of India, the primary subject of the bulletin.
Foreign Exchange Reserves: A key component of India's financial stability monitored by the Reserve Bank of India.
Scheduled Commercial Banks: Commercial banks in India that are subject to regulations by the Reserve Bank of India, their business activities being a focal point of observation.
Banking Laws (Amendment) Act, 2025: Legislation that revises the definition of fortnight, impacting money supply data.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system.