Money Supply M2 in India decreased to 49481.73 INR Billion in September from 49810.93 INR Billion in August of 2021. source: Reserve Bank of India

Money Supply M2 in India averaged 13518.78 INR Billion from 1991 until 2021, reaching an all time high of 49810.93 INR Billion in August of 2021 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 October of 2021.

Money Supply M2 in India is expected to be 49000.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Money Supply M2 is projected to trend around 42000.00 INR Billion in 2022, according to our econometric models.

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India Money Supply M2


India Last Unit Reference Previous Highest Lowest
Interest Rate 4.00 percent Oct/21 4.00 14.50 4.00
Cash Reserve Ratio 4.00 percent Oct/21 4.00 10.50 3.00
Interbank Rate 3.48 percent Oct/21 3.45 12.97 2.93
Money Supply M1 48565.11 INR Billion Jul/21 48237.00 48565.11 80.15
Money Supply M2 49481.73 INR Billion Sep/21 49810.93 49810.93 1127.49
Money Supply M3 193995.96 INR Billion Sep/21 194036.92 194036.92 123.52
Foreign Exchange Reserves 639516.00 USD Million Oct/21 637500.00 642453.00 29048.00
Central Bank Balance Sheet 33300.55 INR Billion Aug/21 33423.25 33423.25 1624.31
Loan Growth 6.70 percent Sep/21 6.70 18.70 4.10
Reverse Repo Rate 3.35 percent Oct/21 3.35 13.50 3.25


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