Money Supply M2 in India increased to 43848.99 INR Billion in July from 43309.74 INR Billion in June of 2020.

Money Supply M2 in India averaged 12155.98 INR Billion from 1991 until 2020, reaching an all time high of 43848.99 INR Billion in July of 2020 and a record low of 1127.49 INR Billion in November of 1991. This page provides - India Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Money Supply M2 - values, historical data and charts - was last updated on August of 2020. source: Reserve Bank of India

Money Supply M2 in India is expected to be 33421.56 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in India to stand at 33418.94 in 12 months time. In the long-term, the India Money Supply M2 is projected to trend around 33418.62 INR Billion in 2021 and 33418.70 INR Billion in 2022, according to our econometric models.

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India Money Supply M2

Actual Previous Highest Lowest Dates Unit Frequency
43848.99 43309.74 43848.99 1127.49 1991 - 2020 INR Billion Monthly
Current Prices, NSA

India Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 14.50 4.00 percent [+]
Cash Reserve Ratio 3.00 3.00 10.50 3.00 percent [+]
Money Supply M1 41190.20 40462.13 41190.20 80.15 INR Billion [+]
Interbank Rate 3.30 3.25 12.97 3.10 percent [+]
Money Supply M2 43848.99 43309.74 43848.99 1127.49 INR Billion [+]
Money Supply M3 174906.73 173942.40 174906.73 123.52 INR Billion [+]
Foreign Exchange Reserves 534570.00 522630.00 534570.00 29048.00 USD Million [+]
Central Bank Balance Sheet 27026.23 26395.26 27026.23 1624.31 INR Billion [+]
Loan Growth 5.80 6.10 18.70 4.10 percent [+]
Reverse Repo Rate 3.35 3.35 13.50 3.25 percent [+]


India Money Supply M2
India Money Supply M2 includes M1 plus short-term time deposits in banks.