**Executive Summary**
This is an extract from the Reserve Bank of India's (RBI) Bulletin Weekly Statistical Supplement, dated January 09, 2026. It presents data on key financial indicators, including the Reserve Bank of India's Liabilities and Assets, Foreign Exchange Reserves, Scheduled Commercial Banks - Business in India, and Money Stock. The document also includes information on liquidity operations by the RBI.
**Key Points / Main Content**
* **Reserve Bank of India - Liabilities and Assets:**
* Loans and Advances to Central Government: Remains at 0.
* Loans and Advances to State Governments: Decreased by ₹1,595 Crore.
* **Foreign Exchange Reserves (as of January 02, 2026):**
* Total Reserves: ₹6,194,458 Crore (US$ 686,801 Mn), a weekly decrease of ₹-64,389 Crore (US$ -9809 Mn) and a yearly increase of ₹750,825 Crore (US$ 52216 Mn).
* Foreign Currency Assets: ₹4,978,585 Crore (US$ 551,990 Mn), a weekly decrease of ₹-49,375 Crore (US$ -7622 Mn) and a yearly increase of ₹299,312 Crore (US$ 6510 Mn).
* Gold: ₹1,003,513 Crore (US$ 111,262 Mn), a weekly decrease of ₹-14,638 Crore (US$ -2058 Mn) and a yearly increase of ₹427,983 Crore (US$ 44171 Mn).
* SDRs: ₹169,366 Crore (US$ 18,778 Mn), a weekly increase of ₹423 Crore (US$ -25 Mn) and a yearly increase of ₹16,549 Crore (US$ 964 Mn).
* Reserve Position in the IMF: ₹42,994 Crore (US$ 4,771 Mn), a weekly decrease of ₹-799 Crore (US$ -105 Mn) and a yearly increase of ₹6,982 Crore (US$ 571 Mn).
* **Scheduled Commercial Banks - Business in India (as of Dec. 31, 2025):**
* Aggregate Deposits: ₹24,859,857 Crore, an increase of ₹727,987 Crore over the fortnight.
* Bank Credit: ₹20,322,515 Crore, an increase of ₹627,951 Crore over the fortnight.
* Food Credit: ₹87,972 Crore, an increase of ₹4,023 Crore over the fortnight.
* Non-Food Credit: ₹20,234,543 Crore, an increase of ₹623,929 Crore over the fortnight.
* **Money Stock:**
* M3: ₹29,800,906 Crore as of Dec. 31 2025, a fortnight increase of ₹742,566 Crore
* **Fortnight Definition Change:**
* The definition of "fortnight" has been revised to the 15th and last calendar day of the month, effective from December 15, 2025, as per the Banking Laws (Amendment) Act, 2025.
* **Liquidity Operations by RBI:**
* Details of daily liquidity adjustments, including Repo, Reverse Repo, MSF, SDF, and OMO, for the period December 29, 2025, to January 04, 2026.
**Impact Analysis**
**RBI:**
* **Impact:** Responsible for monitoring and managing the country's financial stability through its policies on foreign exchange reserves, bank credit, and liquidity operations. The updated statistical data helps the RBI in making informed decisions.
* **Action Required:** Continue monitoring key financial indicators and adjusting policies as needed to maintain economic stability.
**Scheduled Commercial Banks:**
* **Impact:** Affected by the changes in the definition of the fortnight. Banks need to manage their operations and reporting in line with this change.
* **Action Required:** Ensure compliance with the revised fortnight definition for reporting and other operational activities.
**Government:**
* **Impact:** Monetary policies will impact the funds that are available to them.
* **Action Required:** Review monetary policies and the impact of the updated indicators, adjust plans as needed.
**General Public:**
* **Impact:** Changes in money supply and bank credit can affect borrowing costs and spending power.
* **Action Required:** Stay informed about financial developments and adjust financial planning accordingly.
Key Entities Referenced
Reserve Bank of India: India's central bank, the primary subject of the document, responsible for monetary policy and banking regulation.
Banking Laws (Amendment) Act, 2025: Amends the Banking Laws, impacting the definition of 'fortnight' for data reporting frequency.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the money market through repo and reverse repo operations.
Scheduled Commercial Banks: Banks operating under a license from the Reserve Bank of India, whose business data is presented.
Money Stock: Components and sources