Money Supply M1 in India increased to 47401.33 INR Billion in May from 47004.29 INR Billion in April of 2021. source: Reserve Bank Of India
Money Supply M1 in India averaged 7857.58 INR Billion from 1972 until 2021, reaching an all time high of 47893.63 INR Billion in March of 2021 and a record low of 80.15 INR Billion in January of 1972. This page provides - India Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Money Supply M1 - values, historical data and charts - was last updated on August of 2021.
Money Supply M1 in India is expected to be 39600.79 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M1 in India to stand at 39597.67 in 12 months time. In the long-term, the India Money Supply M1 is projected to trend around 40597.76 INR Billion in 2022, according to our econometric models.