₹The Plain RupeeEvery RBI press release, explained in plain words.
Data & researchRoutine

RBI publishes reserve money data for fortnight to September 30

RBI released its routine reserve money figures, covering currency in circulation and bank cash held with RBI, for the fortnight ended September 30, 2026.

Official title: Reserve Money for the fortnight ended on September 30, 2026 · Press Release 2026-2027/1274

What happened

Reserve money is the money RBI creates directly: notes and coins in circulation plus the cash banks keep with RBI. Banks build their loans and deposits on top of this base. RBI publishes it every fortnight. The release text gives no figures, and the linked spreadsheet could not be opened for this explainer.

Related RBI data give context. The weekly supplement shows currency with the public was ₹42.07 lakh crore on September 30, 2026, up 13.8% over a year. Banks also held surplus cash in this period, which RBI was absorbing daily.

What it means for you

No direct effect. This is a routine data release.

What it means for businesses

No direct effect. Analysts use it to track how much base money is in the system and how much cash people are holding.

Links in this release, explained

Read the original

Press release on rbi.org.in ↗ Official PDF ↗

This explainer simplifies the official text. If anything here differs from the RBI's release, the release is right.

reserve moneym0currency in circulationmonetary dataseptember 2026

More to read

The Plain Rupee in your inbox

One short email each morning with everything the RBI announced the day before, in plain words. Free. Unsubscribe in one click.