Economy Reports News Details

Money supply up around 17% on year

(13-Oct-26   12:59)

India’s aggregate Money Supply (M3) registered at Rs 337 lakh crores as of 30 September, 2026, demonstrating a rise of 2.1% over a fortnightly period. The latest data reflects an approximate 17% increase compared to the same timeframe last year. Currency in the hands of the public totaled Rs 42 lakh crores, showing a 13.8% year-on-year expansion. Time deposits held with banks advanced 16.8% on a year-over-year basis, reaching Rs 255 lakh crores. Bank credit extended to the commercial sector increased 18.8% on a yearly basis to Rs 238 lakh crores, accelerating from an annual increase of 11.10% in the comparable prior period.