RBI Monetary Data: Trends in Reserve Money and Broad Money Supply

Context and News: RBI Release on Reserve Money and Money Supply

The Reserve Bank of India (RBI) published its official fortnightly data on Reserve Money and Money Supply for the period ended August 15, 2026. This regular release monitors the monetary base created by the central bank and the overall liquidity circulating across the Indian financial system.

Monetary Aggregates: Trends in M0 and M3

Reserve Money (M0), which constitutes high-powered central bank money, recorded an outstanding total of ₹52,39,884.79. Within Reserve Money, Currency in Circulation represented the single largest liability component, standing at ₹42,90,679.70. On the asset side of the central bank's balance sheet, Net Foreign Exchange Assets of RBI stood at ₹66,42,592.63.

Broad Money (M3), measuring aggregate money supply across the economy, reached an outstanding balance of ₹322,94,503.27. A key constituent driving M3 is Time Deposits with Banks, which recorded an outstanding position of ₹245,07,426.10, demonstrating strong household and institutional preference for term deposits.