{
 "name": "India Money Supply (M1/M2/M3) Composition & Aggregates",
 "unit": "INR lakh crore",
 "m3_broad_money_2024_25_lakh_crore": 268.2,
 "m3_broad_money_2025_26_approx_lakh_crore": 320,
 "dashboard": "https://bankpulse.ai/dashboards/money-supply/",
 "source": "RBI Money Supply data & Weekly Statistical Supplement, rbi.org.in",
 "reviewed_by": "Vikram Jain",
 "license": "https://creativecommons.org/licenses/by/4.0/",
 "updated": "2026-06-19T04:02:08+05:30",
 "m3_composition_2024_25": [
  {
   "component": "Time deposits with banks",
   "value_lakh_crore": 207.0,
   "share_pct": 77.2
  },
  {
   "component": "Currency with the public",
   "value_lakh_crore": 32.8,
   "share_pct": 12.2
  },
  {
   "component": "Demand deposits with banks",
   "value_lakh_crore": 28.4,
   "share_pct": 10.6
  }
 ],
 "aggregates": [
  {
   "aggregate": "M0",
   "definition": "Currency in circulation + bankers' deposits with the RBI + 'other' deposits with the RBI. Also called high-powered or base money."
  },
  {
   "aggregate": "M1",
   "definition": "Currency with the public + demand deposits with the banking system + 'other' deposits with the RBI."
  },
  {
   "aggregate": "M2",
   "definition": "M1 + savings deposits with post-office savings banks."
  },
  {
   "aggregate": "M3",
   "definition": "M1 + time (fixed) deposits with the banking system. This is the headline money-supply aggregate the RBI tracks."
  },
  {
   "aggregate": "M4",
   "definition": "M3 + all deposits with post-office savings banks (excluding National Savings Certificates)."
  }
 ]
}