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India’s gold reserves rose to 95.017 billion dollars as per Reserve Bank of India, while foreign exchange reserves fell to 700.2 billion dollars.
Gold reserve
India’s gold reserves rose $2.238 billion to $95.017 billion at the end of the week on September 26, according to the Reserve Bank of India – Bulletin Weekly Statistical Supplement Data.
The rise in gold reserves coincided with the central banks’ push to hawkish on buying gold due to geopolitical uncertainty, tariff woes, bilateral tensions and Fed rate cut.
India’s foreign exchange reserves registered a weekly decline of $2.33 billion, falling to $700.2 billion. In rupee terms, reserves rose to Rs 62.12 lakh crore due to currency fluctuations. The fall was mainly driven by a dip in foreign currency assets, which contracted by $4.39 billion to $581.8 billion.
Special Drawing Rights (SDRs) and India’s reserve position in the IMF also recorded small declines during the week.
Scheduled commercial banks reported robust growth in credit, even as deposits moderated. Aggregate deposits fell by Rs 1.23 lakh crore during the fortnight ended September 19, 2025, with both demand and time deposits seeing declines. Year-on-year, deposits grew by 9.5 percent, slower than the 11.5 percent growth seen in the previous year.
On the other hand, bank credit expanded by Rs 1.02 lakh crore during the same fortnight, with non-food credit driving the increase. Total outstanding bank credit reached Rs 189.03 lakh crore, up 10.4 percent year-on-year. Food credit, however, contracted slightly.
On the liabilities and assets front, loans and advances to state governments stood at Rs 32,622 crore as of September 26, 2025, marking an increase of Rs 177 crore from the previous week and Rs 8,210 crore on a year-on-year basis. Central government borrowings, however, remained at zero.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
October 04, 2025, 09:08 IST
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