India's foreign exchange reserves witnessed a massive jump with a further accretion of 1.710 billion, a record rise in the current fiscal, to surge past the $95 billion mark for the week ended November 21.

The country's foreign exchange reserves increased from $93.663 billion to $95.373 billion in the period under review, according to Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.

The foreign currency assets rose to $91.450 billion, up by $1.710 billion, it said.

Gold reserves and special drawing rights remained static at $3.920 billion and $3 million respectively, the central bank added.

The Reserve Tranche Position with the International Monetary Policy saw inflows of $3 million to raise it to $1.215 billion. The RTP may change, from time to time, due to India's transactions under Financial Transaction Plan with the International Monetary Fund, it said.

RBI said loans and advances for central government maintained their nil balance while that for state governments rose by Rs 151 crore (Rs 1.51 billion) at Rs 6,342 crore (Rs 63.42 billion).

Aggregate deposits of scheduled commercial banks for the fortnight ended November 14 grew by Rs 1,218 crore (Rs 12.18) at Rs 13,92,427 crore (Rs 13,924.27 billion) while bank credit increased by Rs 716 crore (Rs 7.16 billion) to Rs 7,619.26 crore (Rs 76.19 billion).

Food credit declined by Rs 582 crore (Rs 5.82 billion) at Rs 35,438 crore (Rs 354.38 billion).

However, non-food credit rose by Rs 1,298 crore (Rs 12.98 billion) at Rs 7,28,487 crore (Rs 7,284.87 billion) in the fortnight, RBI added.