M3 money supply in India rose 10.9 percent from a year earlier to INR 233302.56 billion in the fortnight ending August 11th, 2023. source: Reserve Bank of India

Money Supply M3 in India averaged 46342.83 INR Billion from 1951 until 2023, reaching an all time high of 234284.25 INR Billion in June 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 August of 2023.

Money Supply M3 in India is expected to be 234000.00 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 Reference Actual Previous Consensus TEForecast
2023-08-10 11:30 AM Jul/28 10.6% 10.7%
2023-08-23 11:30 AM Aug/11 10.9% 10.6% 10.6%


Related Last Previous Unit Reference
Interest Rate 6.50 6.50 percent Aug 2023
Cash Reserve Ratio 4.50 4.50 percent Aug 2023
Interbank Rate 7.20 7.20 percent Aug 2023
Money Supply M1 59021.12 56996.19 INR Billion Jun 2023
Money Supply M2 58330.50 61023.69 INR Billion Jul 2023
Money Supply M3 233302.56 232594.32 INR Billion Aug 2023
Foreign Exchange Reserves 594890.00 601450.00 USD Million Aug 2023
Central Bank Balance Sheet 31035.89 29527.89 INR Billion Jul 2023
Loan Growth 19.70 19.70 percent Aug 2023
Reverse Repo Rate 3.35 3.35 percent Aug 2023

India Money Supply M3
India Money Supply M3 includes M2 plus long-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
233302.56 232594.32 234284.25 20.57 1951 - 2023 INR Billion Biweekly
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