India: Money supply (broad money)

* indicates monthly or quarterly data series
The most recent value is 257018.39 billion Indian Rupee as of June 2024, an increase compared to the previous value of 255145.91 billion Indian Rupee. Historically, the average for India from May 1998 to June 2024 is 85330.06 billion Indian Rupee. The minimum of 8476.97 billion Indian Rupee was recorded in May 1998, while the maximum of 257018.39 billion Indian Rupee was reached in June 2024. Click on the following link to see the values of: Money supply (broad money) around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion Indian Rupee
  • Source: Reserve Bank of India

Recent values India: Money supply, billion currency units
2024  Jun 257018.39
2024  May 255145.91
2024  Apr 251524.06
2024  Mar 248302.91
2024  Feb 244939.12
2024  Jan 243013.66
2023  Dec 242555.56
2023  Nov 240392.81


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Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.

 Related indicators Latest Reference Measure
 Inflation 5.6 2023 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 83.7986 9/2024 Local Currency Units per USD
 Money supply (broad money) 257,018.39 6/2024 billion
 Consumer Price Index (CPI) 193.0000 8/2024 index points
 Inflation, monthly 0.00 8/2024 percent
 Inflation, annual 3.65 8/2024 percent
 Private sector credit 160,808.91 6/2024 billion
 Business credit 105,947.84 6/2024 billion
 Household credit 54,861.07 6/2024 billion
 Mortgage credit 27,985.68 6/2024 billion
 Consumer credit 26,875.39 6/2024 billion
 Deposit interest rate 6.91 6/2024 percent
 Policy rate 6.50 7/2024 percent
 Household debt to GDP 42.70 3/2024 percent
 Debt service ratios for private non-financial sector 11.80 Q1/2024 percent
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