India's money supply up 9.4% on year
India's total Money Supply (M3) stood at Rs 279.34 lakh crores as on May 30, 2025, marking a gain of 1% on a fortnightly basis. The latest figure is up 9.4% compared to the same time last year. Currency with the public stood at Rs 37.13 lakh crores, up 7.7% on year. Demand deposits with banks rose 18.1% on year at Rs 31.31 lakh crores. Time deposits with banks rose 8.6% on year at Rs 209.56 lakh crores. The bank credit to commercial sector rose 9.7% on year to Rs 186.90 lakh crores, moderating from a annual gain of as compared to a growth of 15.5% in year ago period.
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Time of India
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Time of India
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