RBI Data: Forex Reserves at $672.59 Billion on June 19

The Reserve Bank of India’s weekly statistical release dated June 26, 2026, reported India’s foreign exchange reserves, banking business, money supply and liquidity operations for the latest available reporting dates.

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The data showed total foreign exchange reserves at ₹63,46,007 crore, or $672.587 billion, as on June 19, 2026. In rupee terms, total reserves were lower by ₹42,457 crore over the week. In dollar terms, they were higher by $963 million over the same period.

Foreign exchange reserves

Foreign currency assets, the largest component of reserves, stood at ₹51,06,454 crore, or $541.217 billion, on June 19. The RBI reported a weekly decline of ₹70,702 crore in rupee terms and $3.072 billion in dollar terms for this component.

Gold reserves were valued at ₹10,18,336 crore, or $107.930 billion. This was an increase of ₹30,818 crore and $4.110 billion over the week.

Special Drawing Rights stood at ₹1,75,937 crore, or $18.647 billion, while the reserve position in the International Monetary Fund was ₹45,280 crore, or $4.793 billion.

Compared with end-March 2026, total reserves were lower by ₹2,07,855 crore and $18.520 billion. Compared with a year earlier, total reserves were higher by ₹3,02,310 crore in rupee terms, while lower by $25.348 billion in dollar terms, according to the release.

Bank deposits and credit

For scheduled commercial banks’ business in India, the RBI reported data as on June 15, 2026. Aggregate deposits stood at ₹2,58,41,605 crore. The release showed a fortnightly fall of ₹1,60,500 crore, while year-on-year growth for 2026 was reported at 12.0%.

Within deposits, demand deposits were ₹31,90,797 crore and time deposits were ₹2,26,50,808 crore. Demand deposits fell by ₹1,21,539 crore over the fortnight, while time deposits fell by ₹38,961 crore.

Bank credit stood at ₹2,15,47,116 crore as on June 15. It rose by ₹31,175 crore over the fortnight. Year-on-year growth for 2026 was reported at 17.7%, with the year-on-year increase placed at ₹32,33,153 crore.

Food credit was ₹1,33,895 crore, while non-food credit stood at ₹2,14,13,222 crore. Non-food credit increased by ₹34,285 crore over the fortnight.

Money supply indicators

The RBI’s money stock data showed M3 at ₹3,12,20,737 crore as on June 15, 2026, compared with ₹3,14,53,126 crore as on March 31, 2026. M3 declined by ₹1,41,312 crore, or 0.5%, over the fortnight, but was higher by ₹33,24,163 crore, or 11.9%, year-on-year.

Currency with the public stood at ₹42,29,342 crore. It increased by ₹12,161 crore over the fortnight and was higher by 12.9% year-on-year.

Demand deposits with banks were ₹33,56,328 crore, down ₹1,07,138 crore over the fortnight. Time deposits with banks stood at ₹2,35,15,220 crore, lower by ₹38,914 crore over the fortnight but higher by 11.8% year-on-year.

On the sources side, net bank credit to government was ₹93,42,692 crore as on June 15. Bank credit to the commercial sector stood at ₹2,23,93,423 crore, up by ₹28,281 crore over the fortnight and 17.2% year-on-year.

Liquidity operations

The RBI also released daily liquidity operation figures for June 15 to June 21, 2026. The system showed net absorption on each day listed in the release.

  • June 15: net absorption of ₹1,61,636 crore.
  • June 16: net absorption of ₹34,386 crore.
  • June 17: net absorption of ₹1,04,717 crore.
  • June 18: net absorption of ₹1,91,408 crore.
  • June 19: net absorption of ₹1,35,369 crore.
  • June 20: net absorption of ₹1,47,587 crore.
  • June 21: net absorption of ₹1,43,642 crore.

The release noted that the figures are provisional and that differences, if any, are due to rounding off. It also stated that bank data include the impact of a non-bank’s merger with a bank, and that the definition of a fortnight was revised under the Banking Laws (Amendment) Act, 2025, with effect from December 15, 2025.


Source: Reserve Bank of India Press Releases.

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