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Document - 6. Money Stock Measures () or PDF - 6. Money Stock Measures ()
6. Money Stock Measures
Date : May 22, 2026
(₹ Crore)
Item Outstanding as on March 31/last reporting Fortnights of the month/reporting Fortnights
2024-25 2025 2026
Mar. 21 Feb. 28 Mar. 15 Mar. 31
1 2 3 4 5
1. Currency with the Public (1.1 + 1.2 + 1.3 – 1.4) 3630751 3620845 3986334 4052659 4067578
1.1 Notes in Circulation 3687816 3678235 4034832 4091324 4126848
1.2 Circulation of Rupee Coin 35889 35563 39794 39945 40072
1.3 Circulation of Small Coins 743 743 743 743 743
1.4 Cash on Hand with Banks 93696 93696 89035 79353 100085
2. Deposit Money of the Public 2953329 2950448 3488496 3354988 3987703
2.1 Demand Deposits with Banks 2840023 2840023 3370574 3233109 3844879
2.2 ‘Other’ Deposits with Reserve Bank 113307 110426 117922 121879 142824
3. M1 (1 + 2) 6584081 6571293 7474830 7407648 8055281
4. Post Office Saving Bank Deposits 213981 213981 224085 224085 224085
5. M2 (3 + 4) 6798062 6785274 7698915 7631733 8279366
6. Time Deposits with Banks 20702508 20702508 22823514 22785811 23410625
7. M3 (3 + 6) 27286589 27273801 30298344 30193459 31465906
8. Total Post Office Deposits 1458844 1458844 1575869 1575869 1575869
9. M4 (7 + 8) 28745433 28732645 31874213 31769328 33041775
Note: For scheduled banks, March-end data pertain to the last reporting Friday.
1.1: Notes in Circulation include CBDC-Retail (R) and CBDC-Wholesale (W).
1.4: Cash on Hand with Banks includes CBDC-W.
2.2: Exclude balances held in IMF Account No.1, RBI employees’ provident fund, pension fund, gratuity and superannuation fund.

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