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Domestic Money Supply Rises 13.40% On Year

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Capital Market
Last Updated : Sep 25 2020 | 3:50 PM IST

India's total Money Supply (M3) stood at Rs 17740005 crores as on September 11th 2020, recording a surge of 13.40% over the same time last year. Currency with the public stood at Rs 2600933, up 23.40% over the year. Demand deposits with banks were up 14.7% at Rs 1638001 crores. Time deposits with banks were up 11.40% at Rs 13459008 crores. The bank credit to commercial sector rose 5.4% on year to Rs 10887516 crores.

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First Published: Sep 25 2020 | 3:19 PM IST

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