Money Supply M2 in India increased to 81613.34 INR Billion in August from 81357.36 INR Billion in July of 2026. Money Supply M2 in India averaged 20574.46 INR Billion from 1991 until 2026, reaching an all time high of 82665.86 INR Billion in March of 2026 and a record low of 1127.49 INR Billion in November of 1991. source: Reserve Bank of India

Money Supply M2 in India is expected to be 85500.00 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 M2 is projected to trend around 92500.00 INR Billion in 2027 and 98500.00 INR Billion in 2028, according to our econometric models.



Related Last Previous Unit Reference
Cash Reserve Ratio 3.00 3.00 percent Oct 2026
Central Bank Balance Sheet 50793.70 50938.53 INR Billion Sep 2026
Foreign Exchange Reserves 721020.00 726030.00 USD Million Oct 2026
Interbank Rate 6.56 6.53 percent Oct 2026
RBI Interest Rate 5.50 5.25 percent Oct 2026
Bank Loan Growth YoY 19.40 18.10 percent Oct 2026
Money Supply M1 79198.84 78942.86 INR Billion Aug 2026
Money Supply M2 81613.34 81357.36 INR Billion Aug 2026
M3 Money Supply YoY 337664.75 330674.46 INR Billion Sep 2026
Reverse Repo Rate 3.35 3.35 percent Sep 2026


India Money Supply M2
India Money Supply M2 includes M1 plus short-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
81613.34 81357.36 82665.86 1127.49 1991 - 2026 INR Billion Monthly
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