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Data / Bank credit and money / credit-deep-money-stock-fortnightly 157 series, March 1951 to September 2026Vintage 10 October 2026

Money stock (M1, M2, M3), its components and its sources, every reporting fortnight since 1951, with the series excluding the HDFC merger beside the plain ones, base RBI DBIE report 25

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

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01

What the file holds

Money stock (M1, M2, M3), its components and its sources, every reporting fortnight since 1951, with the series excluding the HDFC merger beside the plain ones.

RBI DBIE report 25 (data provider DP0), read from the local Data Bank mirror, as published. Amounts in ₹ crore. 357 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 (57 values, e.g. 1.1.2 Government deposits with RBI on 2014-07-25; 1.1.2 Government deposits with RBI on 2014-08-22; 1.1.2 Government deposits with RBI on 2014-09-19).

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
'Other' deposits with RBINovember 1951 to September 20261,373
'Other' Deposits with RBIApril 1999 to July 2026728
'Other' Deposits with Reserve BankMarch 1951 to September 20261,387
'Other' Deposits with the RBIApril 1999 to July 2026730
1 Net Bank Credit to GovernmentMarch 1951 to September 2026842
1.1.1 Claims on GovernmentJanuary 2001 to July 2026689
1.1.1.1 Central GovernmentMarch 1970 to July 2026828
1.1.1.2 State GovernmentsMarch 1970 to July 2026828
1.1.2 Government deposits with RBIJanuary 2001 to July 2026674
1.1.2.1 Central GovernmentJanuary 2001 to July 2026670
1.1.2.2 State GovernmentsJanuary 2001 to July 2026688
2 Bank Credit to Commercial SectorMarch 1951 to September 2026842
2.2.1 Bank credit by commercial banksJanuary 2001 to July 2026689
2.2.2 Bank credit by co-operative banksJanuary 2001 to July 2026689
3.1.1 Gross foreign assetsJanuary 2001 to July 2026689
3.1.2 Foreign liabilitiesJanuary 2001 to July 2026689
5.1 Net non-monetary liabilities of RBIMarch 1951 to September 2026842
Aggregate Deposits of ResidentsApril 1999 to July 2026725
Aggregate Deposits of Residents (Excluding Merger)April 1999 to June 2025689
Bank credit by commercial banks (Excluding Merger)January 2001 to June 2025662
Bank Credit to Commercial Sector (Excluding Merger)March 1951 to July 2025813
Bank Credit to the Commercial SectorApril 1999 to July 2026702
Bank Credit to the Commercial Sector (Excluding Merger)April 1999 to June 2025677
Bankers' deposits with RBIMarch 1951 to September 20261,383
Bankers' Deposits with the RBIFebruary 1952 to July 2026888
Banking Sector's net Non-monetary Liabilities Other than Time DeposiApril 1970 to November 2012788
Banking Sectors Net Non-monetary LiabilitiesMarch 1951 to September 2026841
Banking Sectors Net Non-monetary Liabilities (Excluding Merger)March 1951 to June 2025811
Call/Term Funding from Financial InstitutionsApril 1999 to July 2026724
Cash on Hand with BanksNovember 1951 to July 20261,383
Central Government SecuritiesApril 1999 to July 2026730
Certificates of Deposits (CDs)April 1999 to July 2026721
Circulation of Rupee CoinsMarch 1994 to July 2026873
Circulation of Small CoinsMarch 1994 to July 2026873
Credit to the Commercial Sector by the Banking SystemApril 1999 to July 2026661
Credit to the Government by the Banking SystemApril 1999 to July 2026671
Currency in CirculationFebruary 1952 to July 2026888
Currency in circulation -TotalNovember 1951 to September 20261,382
Currency with the publicMarch 1951 to September 20261,387
Currency with the PublicApril 1999 to July 2026722
Demand DepositsApril 1999 to July 2026724
Demand Deposits with BanksMarch 1951 to September 20261,387
Deposit Money of the PublicMarch 1951 to July 20261,384
Deposits of the Central GovernmentApril 1999 to July 2026712
Domestic CreditApril 1999 to July 2026702
Domestic Credit (Excluding Merger)April 1999 to April 2026696
Foreign Currency AssetsApril 1999 to July 2026730
GoldApril 1999 to July 2026730
Governments Currency Liabilities to the PublicMarch 1951 to September 2026842
Govt't currency liabilities to the publicApril 1970 to September 20261,154
Investments by commercial and co-operative banks in other securitMarch 1994 to July 2012494
Investments by commercial and co-operative banks in other securitiesJanuary 2001 to July 2026689
Investments in dated Government SecuritiesApril 1999 to July 2026730
Investments in Treasury BillsApril 1999 to August 2003109
Loans and Advances to NABARDApril 1999 to November 2022631
Loans and Advances to Primary DealersApril 1999 to July 2026728
Loans and Advances to Scheduled Commercial BanksApril 1999 to July 2026729
Loans and Advances to the Central GovernmentApril 1999 to April 2026721
Long-term Time DepositsApril 1999 to July 2026724
Long-term Time Deposits (Excluding Merger)April 1999 to June 2025689
M2March 1994 to July 2026874
M3 (1+2+3+4-5)January 2001 to July 2026689
M3 (1+2+3+4-5) (Excluding Merger)January 2001 to June 2025662
M4March 1994 to July 2026874
M4 (Excluding Merger)March 1994 to June 2025847
MSM.1.3) M1March 1951 to July 20261,384
MSM.1.7) M3March 1951 to September 20261,387
MSM.1.7) M3 (Excluding Merger)March 1951 to June 20251,357
MSU.1.1) M1April 1999 to July 2026722
MSU.1.4.2.2) Time Deposits of ResidentsApril 1999 to July 2026725
MSU.1.4.2.2) Time Deposits of Residents (Excluding Merger)April 1999 to June 2025689
MSU.1.5.1.1.1) Net RBI credit to the GovernmentApril 1999 to July 2026728
MSU.1.5.2) Government's Currency Liabilities to the PublicApril 1999 to July 2026724
MSU.1.5.3.1) Net Foreign Exchange Assets of the RBIApril 1999 to July 2026722
MSU.1.5.4) Capital AccountApril 1999 to July 2026716
Net Bank Credit to Government (Excluding Merger)March 1951 to June 2025812
Net Bank Credit to the GovernmentApril 1999 to July 2026724
Net Bank Credit to the Government (Excluding Merger)April 1999 to June 2025689
Net Domestic Assets of RBIApril 1970 to November 2012831
Net Foreign Currency Assets of the Banking SystemApril 1999 to July 2026724
Net Foreign Exchange Assets of Banking SectorApril 1970 to November 2012788
Net Foreign Exchange Assets of Banking Sector (3.1 + 3.2)March 1951 to September 2026838
Net foreign exchange assets of RBIApril 1970 to September 20261,155
Net Foreign Exchange Assets of the Banking SectorApril 1999 to July 2026722
Net non-monetary liabilities of other banks (residual)March 1951 to July 2026839
Net non-monetary liabilities of other banks (residual) (Excluding Merger)March 1951 to June 2025812
Net non-monetary liabilities of other banks(residual)April 1970 to July 2012781
Net RBI Credit to Central Government (1.1.1.1 - 1.1.2.1)March 1970 to March 202556
Net RBI credit to State GovernmentsApril 1999 to July 2026730
Net RBI Credit to State Governments (1.1.1.2 - 1.1.2.2)March 1970 to March 202556
Net RBI credit to the Central GovernmentApril 1999 to July 2026730
NM2April 1999 to July 2026722
NM2 (Excluding Merger)April 1999 to June 2025688
NM3April 1999 to July 2026722
NM3 (Excluding Merger)April 1999 to June 2025688
Notes in CirculationMarch 1994 to July 2026873
o/w cash with banksSeptember 2000 to March 200490
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
Other banks' credit to commercial sectorApril 1970 to November 2012788
Other Banks' Credit to GovernmentApril 1970 to November 2012788
Other banks' net foreign exchange assetsApril 1970 to July 2012781
Other Investments ( Non-SLR Securities)April 1999 to July 2026716
Other items (net)April 1999 to July 2026702
Other Items (net)April 1999 to July 2026730
Post Office Savings DepositsMarch 1994 to July 2026874
RBI Credit to the Commercial SectorApril 1999 to July 2026728
RBI Survey - ComponentsApril 1999 to March 2025653
RBI's Claims on - Central GovtMarch 1994 to September 2026769
RBI's Claims on - Government (net)October 1991 to September 2026894
RBI's claims on - NABARDOctober 1991 to December 2008422
RBI's Claims on BanksApril 1999 to July 2026730
RBI's Claims on Banks (Including NABARD)October 1991 to September 2026894
RBI's Claims on Banks and Commercial sectorOctober 1991 to September 2026893
RBI's Claims on Commercial and Co-Operative banksOctober 1991 to July 2012554
RBI's claims on Commercial sector (Excluding NABARD)April 1970 to September 20261,142
RBI's credit to commercial sectorApril 1970 to November 2012788
RBI's Credit to Commercial SectorApril 1999 to July 2026730
RBI's Domestic CreditApril 1999 to July 2026730
RBI's Net Claims on BanksMarch 1971 to June 2026824
RBI's net credit to GovernmentMarch 1994 to November 2012501
RBI's net foreign exchange assetsApril 1970 to July 2012781
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
RBIS.1.2.1.1) Net RBI credit to the GovernmentApril 1999 to July 2026730
RBIS.1.2.2) Government's Currency Liabilities to the PublicApril 1999 to July 2026730
RBIS.1.2.3) Net Foreign Exchange Assets of the RBIApril 1999 to July 2026730
RBIS.1.2.4) Capital AccountApril 1999 to July 2026730
Reserve Money (Assets/Sources)November 1951 to November 20121,053
Reserve Money (Liabilities/Components)March 1951 to September 20261,383
RM2.4) Net non-monetary liabilities of RBIApril 1970 to September 20261,155
Rupee CoinsApril 1999 to July 2026730
Scheduled Commercial BanksApril 1999 to July 2026730
Short-term Time DepositsApril 1999 to July 2026724
Short-term Time Deposits (Excluding Merger)April 1999 to June 2025689
SMS.1.1.1.1.1.1) Central GovernmentMarch 1994 to July 2012494
SMS.1.1.1.1.1.2) State GovernmentsMarch 1994 to July 2012465
SMS.1.1.1.1.1) Claims on GovernmentMarch 1994 to July 2012494
SMS.1.1.1.1.2.1) Central GovernmentMarch 1994 to July 2012493
SMS.1.1.1.1.2.2) State GovernmentsMarch 1994 to July 2012491
SMS.1.1.1.1.2) Government deposits with RBIMarch 1994 to July 2012494
SMS.1.1.1) Net Bank Credit to GovernmentApril 1970 to November 2012788
SMS.1.1.2.2.1) Bank credit by commercial banksMarch 1994 to July 2012494
SMS.1.1.2.2.2) Bank credit by co-operative banksMarch 1994 to July 2012494
SMS.1.1.2) Bank Credit to Commercial SectorApril 1970 to November 2012788
SMS.1.1.3.1.1) Gross foreign assetsMarch 1994 to July 2012494
SMS.1.1.3.1.2) Foreign liabilitiesMarch 1994 to July 2012484
SMS.1.1.4) Government's Currency Liabilities to the PublicApril 1970 to November 2012788
SMS.1.1.5.1) Net non-monetary liabilities of RBIApril 1970 to November 2012788
SMS.1.1) M3November 1951 to November 20121,005
Time Deposits with BanksMarch 1951 to September 20261,387
Time Deposits with Banks (Excluding Merger)March 1951 to June 20251,357
Total Post Office DepositsMarch 1994 to July 2026874
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Cite this data

Reserve Bank of India (via DBIE), compiled by Measure of India, “Money stock (M1, M2, M3), its components and its sources, every reporting fortnight since 1951, with the series excluding the HDFC merger beside the plain ones, base RBI DBIE report 25”, vintage 10 October 2026. measure.thisindianlife.today/data/credit-deep-money-stock-fortnightly/

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