India: Money supply (broad money)
* indicates monthly or quarterly data series
The most recent value is 281778.29 billion Indian Rupee as of June 2025, an increase compared to the previous value of 279348.98 billion Indian Rupee. Historically, the average for India from May 1998 to June 2025 is 92054.06 billion Indian Rupee. The minimum of 8476.97 billion Indian Rupee was recorded in May 1998, while the maximum of 281778.29 billion Indian Rupee was reached in June 2025.
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* indicates monthly or quarterly data series
- Measure: billion Indian Rupee
- Source: Reserve Bank of India
| Recent values | India: Money supply, billion currency units |
|---|---|
| 2025 Jun | 281778.29 |
| 2025 May | 279348.98 |
| 2025 Apr | 277673.18 |
| 2025 Mar | 272143.55 |
| 2025 Feb | 268520.8 |
| 2025 Jan | 266287.59 |
| 2024 Dec | 265125.1 |
| 2024 Nov | 264482.3 |
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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 | 5.0 | 2024 | percent |
| Exchange rate regimes | 6 | 2023 | index points |
| USD exchange rate | 94.8565 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 281,778.29 | 6/2025 | billion |
| Consumer Price Index (CPI) | 227.0056 | 3/2026 | index points |
| Inflation, monthly | 0.26 | 3/2026 | percent |
| Inflation, annual | 3.40 | 3/2026 | percent |
| Private sector credit | 175,198.92 | 6/2025 | billion |
| Business credit | 113,695.97 | 6/2025 | billion |
| Household credit | 61,502.95 | 6/2025 | billion |
| Mortgage credit | 30,671.20 | 6/2025 | billion |
| Consumer credit | 30,831.75 | 6/2025 | billion |
| Deposit interest rate | 7.00 | 12/2024 | percent |
| Policy rate | 5.25 | 3/2026 | percent |
| Household debt to GDP | 47.80 | 12/2025 | percent |
| Debt service ratios for private non-financial sector | 12.20 | Q4/2025 | percent |