Money supply spikes around 17% on year

India's total Money Supply (M3) stood at Rs 337 lakh crores as on 30 September, 2026, marking a jump of 2.1% on a fortnightly basis. The latest figure is up around 17% compared to the same time last year. Currency with the public stood at Rs 42 lakh crores, up 13.8% on year. Time deposits with banks rose 16.8% on year at Rs 255 lakh crores. The bank credit to commercial sector jumped 18.8% on year to Rs 238 lakh crores, accelerating from an annual rise of 11.10% in year ago period.

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