Money Supply M3 in India increased to 322144.23 INR Billion in the week ending December 31 from 246833.33 INR Billion two weeks before. Money Supply M3 in India averaged 56565.98 INR Billion from 1951 until 2026, reaching an all time high of 298009.91 INR Billion in December of 2025 and a record low of 20.57 INR Billion in October of 1952. source: Reserve Bank of India

Money Supply M3 in India is expected to be 295000.00 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 330000.00 INR Billion in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-27 11:30 AM
M3 Money Supply YoY
Jan/15 10.5% 12.1%
2026-02-11 11:30 AM
M3 Money Supply YoY
Jan/23 12% 10.5%
2026-02-25 11:30 AM
M3 Money Supply YoY
Feb/14 12%


Related Last Previous Unit Reference
Cash Reserve Ratio 3.00 3.00 percent Dec 2025
Central Bank Balance Sheet 43947.59 40873.89 INR Billion Dec 2025
Foreign Exchange Reserves 717060.00 723770.00 USD Million Feb 2026
Interbank Rate 6.48 6.45 percent Feb 2026
RBI Interest Rate 5.25 5.25 percent Feb 2026
Bank Loan Growth YoY 14.60 13.10 percent Jan 2026
Money Supply M1 70481.59 70815.29 INR Billion Nov 2025
Money Supply M2 72722.44 72938.60 INR Billion Nov 2025
M3 Money Supply YoY 295029.10 298009.91 INR Billion Jan 2026
Reverse Repo Rate 3.35 3.35 percent Jan 2026


India Money Supply M3
India Money Supply M3 includes M2 plus long-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
295029.10 298009.91 298009.91 20.57 1951 - 2026 INR Billion Biweekly
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