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Document - 6. Money Stock Measures () or PDF - 6. Money Stock Measures ()
6. Money Stock Measures
Date : Feb 20, 2026
(₹ Crore)
Item Outstanding as on March 31/last reporting Fortnights of the month/ reporting Fortnights
2024-25 2024 2025
Dec. 27 Nov. 28 Dec. 15 Dec. 31
1 2 3 4 5
1 Currency with the Public (1.1 + 1.2 + 1.3 – 1.4) 3630751 3459977 3772033 3820476 3828361
1.1 Notes in Circulation 3687816 3525519 3827317 3873968 3883627
1.2 Circulation of Rupee Coin 35889 34940 38812 38978 39152
1.3 Circulation of Small Coins 743 743 743 743 743
1.4 Cash on Hand with Banks 93696 101225 94838 93213 95162
2 Deposit Money of the Public 2953329 2812342 3276126 3180123 3537656
2.1 Demand Deposits with Banks 2840023 2710713 3158233 3065541 3422658
2.2 'Other' Deposits with Reserve Bank 113307 101629 117894 114582 114999
3 M1 (1 + 2) 6584081 6272318 7048159 7000599 7366017
4 Post Office Saving Bank Deposits 213981 204701 224085 224085 224085
5 M2 (3 + 4) 6798062 6477019 7272244 7224684 7590102
6 Time Deposits with Banks 20702508 20307146 22088554 22057742 22432527
7 M3 (3 + 6) 27286589 26579464 29136713 29058340 29798544
8 Total Post Office Deposits 1458844 1404663 1575869 1575869 1575869
9 M4 (7 + 8) 28745433 27984127 30712582 30634209 31374413
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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