**Executive Summary**
This document is an extract from the Reserve Bank of India (RBI) Bulletin Weekly Statistical Supplement, dated January 30, 2026. It presents 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 is current as of January 23, 2026 and includes comparisons to previous weeks, years, and financial years.
**Key Points / Main Content**
* **RBI Liabilities and Assets:**
* Loans and Advances: Central Government loans remain at 0 crore. State Government loans have decreased by ₹3345 crore week-over-week and ₹3678 crore year-over-year.
* **Foreign Exchange Reserves (as of Jan. 23, 2026):**
* Total Reserves: ₹6523645 Cr (US$ 709413 Mn).
* Components: Foreign Currency Assets: ₹5176327 Cr; Gold: ₹1131929 Cr; SDRs: ₹172303 Cr; Reserve Position in the IMF: ₹43086 Cr.
* Significant increases in all components compared to end-March 2025 and year-over-year.
* **Scheduled Commercial Banks - Business in India (as of Jan. 15, 2026):**
* Aggregate Deposits: ₹24499894 Cr, a decrease of ₹357599 Cr over the fortnight.
* Bank Credit: ₹20132365 Cr, a decrease of ₹188423 Cr over the fortnight.
* Non-food credit is ₹20044196 Cr.
* A definition change of "fortnight" is now defined as the 15th and last calendar day of the month per the Banking Laws (Amendment) Act, 2025.
* **Money Stock (M3):**
* As of January 15, 2026, Money Stock (M3) is valued at ₹29502905 crore, a decrease of ₹295639 crore over the fortnight.
* The data includes currency with the public (₹3889772 crore), demand deposits with banks (₹3137965 crore), time deposits with banks (₹22358589 crore), and 'other' deposits with the Reserve Bank (₹116579 crore).
* **Liquidity Operations by RBI:**
* The document outlines daily liquidity operations conducted by the RBI, including Repo, Reverse Repo, Variable Rate Repo, Variable Rate Reverse Repo, MSF, SDF, Standing Liquidity Facilities, and OMO.
**Impact Analysis**
**Scheduled Commercial Banks:**
* **Impact:** Banks are affected by changes in deposit levels, credit demand, and RBI's liquidity management policies.
* **Action Required:** Banks need to adjust their operations based on deposit and credit trends and comply with RBI's regulations regarding liquidity and reserve requirements.
**Government (Central and State):**
* **Impact:** The government is affected by the availability of loans and advances from the RBI, which may impact its fiscal management.
* **Action Required:** The government needs to monitor its borrowing levels from the RBI and manage its finances accordingly.
**General Public / Depositors:**
* **Impact:** Changes in aggregate deposits and bank credit impact the financial health of the general public.
* **Action Required:** No direct action required.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Banking Laws (Amendment) Act, 2025: A law that revises the definition of 'fortnight' for banking data reporting.
Scheduled Commercial Banks: Banks in India that are listed in the second schedule of the Reserve Bank of India Act, 1934.
Liquidity Adjustment Facility (LAF): A monetary policy tool used by the Reserve Bank of India to manage liquidity in the banking system through repo and reverse repo operations.