Money Supply M2 in India increased to 56383.57 INR Billion in January from 55710.46 INR Billion in December of 2022. source: Reserve Bank of India

Money Supply M2 in India averaged 15232.16 INR Billion from 1991 until 2023, reaching an all time high of 56383.57 INR Billion in January of 2023 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 March of 2023.

Money Supply M2 in India is expected to be 56000.00 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 62000.00 INR Billion in 2024 and 65000.00 INR Billion in 2025, according to our econometric models.

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India Money Supply M2

Related Last Previous Unit Reference
Interest Rate 6.50 6.25 percent Feb 2023
Cash Reserve Ratio 4.50 4.50 percent Mar 2023
Interbank Rate 7.39 7.39 percent Mar 2023
Money Supply M1 55271.04 53563.88 INR Billion Dec 2022
Money Supply M2 56383.57 55710.46 INR Billion Jan 2023
Money Supply M3 221015.19 219882.77 INR Billion Feb 2023
Foreign Exchange Reserves 560000.00 562400.00 USD Million Mar 2023
Central Bank Balance Sheet 29184.82 29456.00 INR Billion Jan 2023
Loan Growth 15.50 16.10 percent Feb 2023
Reverse Repo Rate 3.35 3.35 percent Dec 2022

India Money Supply M2
India Money Supply M2 includes M1 plus short-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
56383.57 55710.46 56383.57 1127.49 1991 - 2023 INR Billion Monthly
Current Prices, NSA