Money Supply M2 in India increased to 47554.20 INR Billion in February from 46127.69 INR Billion in January of 2021. source: Reserve Bank of India

Money Supply M2 in India averaged 12809.27 INR Billion from 1991 until 2021, reaching an all time high of 47554.20 INR Billion in February 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 April of 2021.

Money Supply M2 in India is expected to be 44418.41 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in India to stand at 41418.62 in 12 months time. In the long-term, the India Money Supply M2 is projected to trend around 40418.70 INR Billion in 2022, according to our econometric models.

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India Money Supply M2

Actual Previous Highest Lowest Dates Unit Frequency
47554.20 46127.69 47554.20 1127.49 1991 - 2021 INR Billion Monthly
Current Prices, NSA

India Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 14.50 4.00 percent [+]
Cash Reserve Ratio 3.50 3.50 10.50 3.00 percent [+]
Money Supply M1 45646.87 44099.29 45646.87 80.15 INR Billion [+]
Interbank Rate 3.35 3.32 12.97 2.93 percent [+]
Money Supply M2 47554.20 46127.69 47554.20 1127.49 INR Billion [+]
Money Supply M3 186137.28 184197.02 186137.28 123.52 INR Billion [+]
Foreign Exchange Reserves 581210.00 576870.00 590190.00 29048.00 USD Million [+]
Central Bank Balance Sheet 29476.34 29531.54 29531.54 1624.31 INR Billion [+]
Loan Growth 5.60 6.50 18.70 4.10 percent [+]
Reverse Repo Rate 3.35 3.35 13.50 3.25 percent [+]


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