**Executive Summary**
This document is an extract from the Reserve Bank of India's (RBI) Bulletin Weekly Statistical Supplement, dated January 23, 2026. It provides key 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. As per the Banking Laws (Amendment) Act, 2025, the definition of fortnight has been revised effective December 15, 2025.
**Key Points / Main Content**
* **Reserve Bank of India - Liabilities and Assets**
* Loans and Advances:
* Central Government: 0 Crore
* State Governments: Jan 17, 2025: 23623 Crore, Jan 16, 2026: 20162 Crore.
* **Foreign Exchange Reserves (as on Jan. 16, 2026)**
* Total Reserves: 6373302 Crore, US$ 701360 Million
* Foreign Currency Assets: 5093544 Crore, US$ 560518 Million
* Gold: 1067327 Crore, US$ 117454 Million
* SDRs: 169967 Crore, US$ 18704 Million
* Reserve Position in the IMF: 42465 Crore, US$ 4684 Million
* **Scheduled Commercial Banks - Business in India (as on Dec. 31, 2025)**
* Aggregate Deposits: 24859857 Crore
* Borrowings: 825578 Crore
* Bank Credit: 20322515 Crore
* Food Credit: 87972 Crore
* Non-food Credit: 20234543 Crore
* **Money Stock: Components and Sources (as on Dec 31, 2025)**
* M3: 29800906 Crore
* Currency with the Public: 3828359 Crore
* Demand Deposits with Banks: 3423133 Crore
* Time Deposits with Banks: 22434416 Crore
* Net Bank Credit to Government: 8750686 Crore
* Bank Credit to Commercial Sector: 21146517 Crore
* **Liquidity Operations by RBI (Jan 12, 2026 - Jan 18, 2026)**
* Details of Repo, Reverse Repo, Variable Rate Repo, Variable Rate Reverse Repo, MSF, SDF, OMO (Outright), and Net Injection/Absorption are provided for each date.
**Impact Analysis**
**RBI**
* **Impact:** The document outlines the RBI's activities in managing monetary policy, foreign exchange reserves, and liquidity in the banking system.
* **Action Required:** Monitor and adjust policies based on the statistical data to maintain economic stability.
**Scheduled Commercial Banks**
* **Impact:** The document provides data on their business activities, including deposits, borrowings, and credit.
* **Action Required:** Analyze the data to understand trends in deposits and credit, and adjust their strategies accordingly.
**Government (Central & State)**
* **Impact:** The document reflects the government's financial transactions with the RBI and the overall financial health of the economy.
* **Action Required:** Monitor trends in credit and deposits to ensure financial stability and adjust economic policies as needed.
**General Public**
* **Impact:** The data provides insights into money supply and the overall financial health of the economy, which can influence investment decisions and consumer behavior.
* **Action Required:** Stay informed about economic trends to make informed financial decisions.
Key Entities Referenced
Reserve Bank of India (RBI): The central bank of India, responsible for monetary policy and financial regulation, issuing this statistical supplement.
Loans and Advances: A key asset component of the Reserve Bank of India's balance sheet, detailing credit extended to the Central Government and State Governments.
Foreign Exchange Reserves: Assets held by the Reserve Bank of India in foreign currencies, gold, SDRs, and reserve position in the IMF, crucial for managing the country's balance of payments.
Scheduled Commercial Banks: Commercial banks operating in India, their liabilities and assets like aggregate deposits and bank credit are detailed.
Banking Laws (Amendment) Act, 2025: A legislative act that amended banking regulations, impacting the definition of 'fortnight' and related reporting requirements for money supply data.