Money Supply M2 in India decreased to 72722.44 INR Billion in November from 72938.60 INR Billion in October of 2025. Money Supply M2 in India averaged 19278.90 INR Billion from 1991 until 2025, reaching an all time high of 72938.60 INR Billion in October of 2025 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 73500.00 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 78500.00 INR Billion in 2027, according to our econometric models.



Related Last Previous Unit Reference
Cash Reserve Ratio 3.00 3.00 percent Dec 2025
Central Bank Balance Sheet 43947.59 40873.89 INR Billion Dec 2025
Foreign Exchange Reserves 717060.00 723770.00 USD Million Feb 2026
Interbank Rate 6.45 6.42 percent Feb 2026
RBI Interest Rate 5.25 5.25 percent Feb 2026
Bank Loan Growth YoY 14.60 13.10 percent Jan 2026
Money Supply M1 70481.59 70815.29 INR Billion Nov 2025
Money Supply M2 72722.44 72938.60 INR Billion Nov 2025
M3 Money Supply YoY 295029.10 298009.91 INR Billion Jan 2026
Reverse Repo Rate 3.35 3.35 percent Jan 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
72722.44 72938.60 72938.60 1127.49 1991 - 2025 INR Billion Monthly
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