Money Supply M2 in India decreased to 79592.85 INR Billion in April from 82665.86 INR Billion in March of 2026. Money Supply M2 in India averaged 19987.64 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 85000.00 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 Jun 2026
Central Bank Balance Sheet 45412.01 46499.25 INR Billion May 2026
Foreign Exchange Reserves 674190.00 666930.00 USD Million Jul 2026
Interbank Rate 6.52 6.56 percent Jul 2026
RBI Interest Rate 5.25 5.25 percent Jun 2026
Bank Loan Growth YoY 18.60 17.70 percent Jun 2026
Money Supply M1 77352.00 80425.01 INR Billion Apr 2026
Money Supply M2 79592.85 82665.86 INR Billion Apr 2026
M3 Money Supply YoY 312207.37 313620.50 INR Billion Jun 2026
Reverse Repo Rate 3.35 3.35 percent Jun 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
79592.85 82665.86 82665.86 1127.49 1991 - 2026 INR Billion Monthly
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