RBI weekly data shows steady reserves and broad-based banking activity
The RBI’s latest weekly statistical supplement indicates stable foreign exchange reserves and active banking flows. While deposits and credit saw small fortnightly moderation, financial-year-to-date trends remain constructive, signalling continued momentum in India’s formal financial system.
India’s macro-financial dashboard continues to offer a largely steady picture, as the Reserve Bank of India (RBI) released an extract from its **Bulletin – Weekly Statistical Supplement**. The data provides a snapshot of the RBI’s balance sheet, foreign exchange reserves, and scheduled commercial banks’ key indicators—useful inputs for tracking liquidity conditions, banking activity and external-sector buffers.
The figures in the release are **provisional** and may differ marginally due to rounding.
Foreign exchange reserves: overall stability with compositional shifts As on **24 July 2026**, India’s **total foreign exchange reserves** were reported at **₹65,87,915 crore (US$ 682,354 million)**. Over the week, total reserves rose by **₹76,752 crore (US$ 6,118 million)**.
Within the headline number, the mix moved in different directions:
- **Foreign Currency Assets (FCA)** stood at **₹53,67,324 crore (US$ 555,929 million)**, up **₹61,494 crore (US$ 4,873 million)** over the week.
- **Gold reserves** were **₹9,94,988 crore (US$ 103,058 million)**, rising **₹15,299 crore (US$ 1,308 million)** week-on-week.
- **SDRs** were **₹1,79,746 crore (US$ 18,617 million)**, showing a marginal weekly change of **-₹18 crore (US$ -53 million)**.
- **Reserve position in the IMF** was **₹45,857 crore (US$ 4,750 million)**, with a small weekly change of **-₹23 crore (US$ -11 million)**.
The RBI also reports movements versus longer reference points. Compared with **end-March 2026**, total reserves were higher by **₹34,054 crore**, while the year-on-year change was **-₹5,47,035 crore**.
It is also useful to note the RBI’s technical disclosure that the FCA figure **excludes** certain items such as SDR holdings (reported separately), specified investments, and amounts lent under select swap arrangements.
RBI’s balance sheet: state government advances reported Under “Loans and Advances”, the extract shows **nil** outstanding for **Central Government** in the relevant line items. For **State Governments**, the data shows **₹24,026 crore** (Jul 25, 2025), **₹20,629 crore** (Jul 17, 2026) and **₹24,197 crore** (Jul 24, 2026).
The reported variation for State Governments is **₹3,568 crore over the week** and **₹171 crore over the year** (as presented in the table). Such movements typically reflect short-term liquidity management and timing effects in government cash flows.
Banking indicators: deposits and credit remain sizeable despite fortnightly softening For scheduled commercial banks, the release reports business in India as on **15 July 2026**.
- **Aggregate deposits** were **₹2,62,84,574 crore**, with a fortnightly change of **-₹2,59,710 crore**. The table indicates deposit growth of **3.3%** for the financial year so far, and **12.7% year-on-year**.
- **Bank credit** was **₹2,17,33,383 crore**, with a fortnightly change of **-₹1,97,015 crore**. The table reports credit growth of **1.2%** for the financial year so far, and **17.7% year-on-year**.
- **Borrowings** were **₹9,18,791 crore**, with a fortnightly rise of **₹78,966 crore**.
While fortnightly changes can be influenced by settlement cycles and seasonal patterns, the year-on-year growth rates reported for deposits and credit underline continued formal financial intermediation—an encouraging signal for households, businesses and the broader investment cycle.
**Why it matters:** Weekly RBI indicators help track India’s external buffers and domestic banking momentum in near real time, supporting informed decisions by businesses, investors and policymakers.
