M3 money supply in India rose 9.5 percent from a year earlier to INR 221.02 trillion in the fortnight ended February 24th 2023. source: Reserve Bank of India

Money Supply M3 in India averaged 44191.29 INR Billion from 1951 until 2023, reaching an all time high of 221015.19 INR Billion in February of 2023 and a record low of 20.57 INR Billion in October of 1952. This page provides - India Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Money Supply M3 - values, historical data and charts - was last updated on March of 2023.

Money Supply M3 in India is expected to be 220000.00 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 M3 is projected to trend around 228000.00 INR Billion in 2024 and 230000.00 INR Billion in 2025, according to our econometric models.

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India Money Supply M3

Calendar GMT Actual Previous Consensus TEForecast
2023-02-22 11:30 AM Feb/10 9.5% 9.8%
2023-03-08 11:30 AM Feb/24 9.5% 9.5%

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 7.35 7.35 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 562400.00 560940.00 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 M3
India Money Supply M3 includes M2 plus long-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
221015.19 219882.77 221015.19 20.57 1951 - 2023 INR Billion Biweekly
Current Prices, NSA