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Data / Bank credit and money / credit-deep-money-sources-bulletin 34 series, March 1951 to September 2026Vintage 10 October 2026
Data file: Bank credit and money

Sources of money stock (M3): bank credit to government and the commercial sector, foreign exchange assets, every reporting fortnight since 1951, as the RBI Bulletin prints them, base RBI DBIE report 23

34 series, fortnightly, March 1951 to September 2026. Published by Reserve Bank of India (via DBIE).

Download CSV, JSON Base RBI DBIE report 23 Vintage 10 October 2026 File credit-deep-money-sources-bulletin
01

What the file holds

Sources of money stock (M3): bank credit to government and the commercial sector, foreign exchange assets, every reporting fortnight since 1951, as the RBI Bulletin prints them.

RBI DBIE report 23 (data provider DP0), read from the local Data Bank mirror, as published. One display unit kept (ACTUALS). Amounts in ₹ crore. 7 cells the source prints more than once with different values (1956-03-23, 1962-03-30, 1965-03-26, 1968-03-22 and other dates) are left out: we cannot tell which value is right. Left out as printed in the wrong unit (36 values, e.g. 1.1.2.1 Central Government on 2002-03-31; 1.1.2.1 Central Government on 2011-03-25; 1.1.2.1 Central Government on 2012-10-19).

Revisions: Section 42 figures are provisional, then final; sectoral credit is provisional and revised the next month; NPAs and capital ratios are final on release. Seams disclosed, never joined: the 2019 sectoral classification, the July 2023 HDFC merger, the December 2025 reporting calendar.

Missing values are left empty, never zero. Every series with its latest value and trend, in the guide to bank credit and money.

02

The series

SeriesPublished valuesValues
1.1.1.1 Central GovernmentMarch 1970 to July 2026828
1.1.1.2 State GovernmentsMarch 1970 to July 2026828
1.1.2.1 Central GovernmentJanuary 2001 to July 2026670
1.1.2.2 State GovernmentsJanuary 2001 to July 2026688
Bank credit by co-operative banksJanuary 2001 to July 2026689
Bank credit by commercial banksJanuary 2001 to July 2026689
Bank credit by commercial banks (Excluding Merger)January 2001 to June 2025662
Bank Credit to Commercial SectorMarch 1951 to September 2026842
Bank Credit to Commercial Sector (Excluding Merger)March 1951 to July 2025813
Banking Sectors Net Non-monetary LiabilitiesMarch 1951 to September 2026841
Banking Sectors Net Non-monetary Liabilities (Excluding Merger)March 1951 to June 2025811
Claims on GovernmentJanuary 2001 to July 2026689
Foreign liabilitiesJanuary 2001 to July 2026689
Government deposits with RBIJanuary 2001 to July 2026674
Governments Currency Liabilities to the PublicMarch 1951 to September 2026842
Gross foreign assetsJanuary 2001 to July 2026689
Investments by commercial and co-operative banks in other securitiesJanuary 2001 to July 2026689
M3January 2001 to July 2026689
M3 (Excluding Merger)January 2001 to June 2025662
Net Bank Credit to GovernmentMarch 1951 to September 2026842
Net Bank Credit to Government (Excluding Merger)March 1951 to June 2025812
Net Foreign Exchange Assets of Banking Sector (3.1 + 3.2)March 1951 to September 2026838
Net non-monetary liabilities of other banks (residual)March 1951 to July 2026838
Net non-monetary liabilities of other banks (residual) (Excluding Merger)March 1951 to June 2025812
Net non-monetary liabilities of RBIMarch 1951 to September 2026842
Other banks credit to commercial sectorMarch 1951 to September 2026842
Other banks credit to commercial sector (Excluding Merger)March 1951 to June 2025812
Other Banks Credit to GovernmentMarch 1951 to September 2026842
Other Banks Credit to Government (Excluding Merger)March 1951 to June 2025812
Other banks net foreign exchange assetsMarch 1951 to July 2026839
RBI's Net Claims on BanksMarch 1971 to June 2026824
RBIs credit to commercial sectorMarch 1951 to September 2026842
RBIs net credit to Government (1.1.1-1.1.2)January 2001 to September 2026692
RBIs net foreign exchange assets (3.1.1 - 3.1.2)March 1951 to July 2026839
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Cite this data

Reserve Bank of India (via DBIE), compiled by Measure of India, “Sources of money stock (M3): bank credit to government and the commercial sector, foreign exchange assets, every reporting fortnight since 1951, as the RBI Bulletin prints them, base RBI DBIE report 23”, vintage 10 October 2026. measure.thisindianlife.today/data/credit-deep-money-sources-bulletin/

The figures keep the terms of the agency that publishes them. Our compilation and layout are under CC BY 4.0.