Reserve Bank of India (RBI) Balance Sheet

India's notes in circulation as percentage of GDP increases marginally to 11.7% in October '19.


Note: Published weekly by the Reserve Bank of India (RBI). Updated at the last weekend of October 2019. (Published on November 21, 2019)

Brief Overview

RBI Balance Sheet contains the assets and liabilities position of the Reserve Bank of India. The balance sheet gives a fair amount of idea of the components of money supply such as notes in circulation and deposits with banks in the economy. The notes in circulation recorded an unprecedented plummet of 33.6% MoM in November 2016, after the demonetization move of the government. Following this, 86% of the total currency in circulation ceased to be a legal tender. Banks were asked to accept deposits of old Rs.500, Rs.1000 currency notes for two months. This led to a surge in bank deposits by 11.4% MoM in November 2016, an all-time high.

RBI balance sheet is also indicative of the assets with RBI including gold and foreign securities. The RBI publishes its balance sheet position weekly. We (IMA) present the month end position of assets and liabilities of RBI. For more information, please visit the official website.

Next release date: December 12th, 2019