Money Supply M2 in India increased to 80366.19 INR Billion in May from 79639.04 INR Billion in April of 2026. Money Supply M2 in India averaged 20132.89 INR Billion from 1991 until 2026, reaching an all time high of 82665.86 INR Billion in March of 2026 and a record low of 1127.49 INR Billion in November of 1991. source: Reserve Bank of India

Money Supply M2 in India is expected to be 81300.00 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 92500.00 INR Billion in 2027 and 98500.00 INR Billion in 2028, according to our econometric models.



Related Last Previous Unit Reference
Cash Reserve Ratio 3.00 3.00 percent Jun 2026
Central Bank Balance Sheet 44578.57 45412.01 INR Billion Jun 2026
Foreign Exchange Reserves 676240.00 675160.00 USD Million Jul 2026
Interbank Rate 6.61 6.60 percent Jul 2026
RBI Interest Rate 5.25 5.25 percent Jun 2026
Bank Loan Growth YoY 17.70 18.60 percent Jul 2026
Money Supply M1 78079.15 77352.00 INR Billion May 2026
Money Supply M2 80366.19 79639.04 INR Billion May 2026
M3 Money Supply YoY 318876.95 312207.37 INR Billion Jun 2026
Reverse Repo Rate 3.35 3.35 percent Jun 2026


India Money Supply M2
India Money Supply M2 includes M1 plus short-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
80366.19 79639.04 82665.86 1127.49 1991 - 2026 INR Billion Monthly
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