{
 "meta": {
  "latestPeriod": "2025-03-01",
  "dossier": "credit-money",
  "source": "Reserve Bank of India (via DBIE)",
  "mock": false,
  "geo": "IND",
  "releaseDate": null,
  "revisionPolicy": "Section 42 figures are provisional, then final; sectoral credit is provisional and revised the next month; NPAs and capital ratios are final on release. Seams disclosed, never joined: the 2019 sectoral classification, the July 2023 HDFC merger, the December 2025 reporting calendar.",
  "vintage": "2026-10-09",
  "frequency": "annual",
  "base": "RBI monetary aggregates, annual",
  "unit": "pct",
  "coverage": "Annual growth of money and its sources, as published by the RBI, every financial year since 1970-71",
  "note": "RBI DBIE Data Query table MON_AG (monetary aggregates: variations, per cent), as published, financial years ending March, dated to March."
 },
 "dates": [
  "1971-03-01",
  "1972-03-01",
  "1973-03-01",
  "1974-03-01",
  "1975-03-01",
  "1976-03-01",
  "1977-03-01",
  "1978-03-01",
  "1979-03-01",
  "1980-03-01",
  "1981-03-01",
  "1982-03-01",
  "1983-03-01",
  "1984-03-01",
  "1985-03-01",
  "1986-03-01",
  "1987-03-01",
  "1988-03-01",
  "1989-03-01",
  "1990-03-01",
  "1991-03-01",
  "1992-03-01",
  "1993-03-01",
  "1994-03-01",
  "1995-03-01",
  "1996-03-01",
  "1997-03-01",
  "1998-03-01",
  "1999-03-01",
  "2000-03-01",
  "2001-03-01",
  "2002-03-01",
  "2003-03-01",
  "2004-03-01",
  "2005-03-01",
  "2006-03-01",
  "2007-03-01",
  "2008-03-01",
  "2009-03-01",
  "2010-03-01",
  "2011-03-01",
  "2012-03-01",
  "2013-03-01",
  "2014-03-01",
  "2015-03-01",
  "2016-03-01",
  "2017-03-01",
  "2018-03-01",
  "2019-03-01",
  "2020-03-01",
  "2021-03-01",
  "2022-03-01",
  "2023-03-01",
  "2024-03-01",
  "2025-03-01"
 ],
 "series": {
  "m3": {
   "name": "m3",
   "label": "Broad money (M3), growth",
   "code": "mon_agg_itm=BRD_MON|unit_measure=PT",
   "data": [
    14.327,
    15.181,
    18.278,
    17.392,
    10.923,
    14.993,
    23.581,
    18.448,
    21.899,
    17.735,
    18.1,
    12.511,
    16.624,
    18.229,
    18.963,
    15.992,
    18.626,
    15.987,
    17.786,
    19.358,
    15.102,
    19.268,
    14.814,
    18.425,
    22.388,
    13.57,
    16.159,
    18.005,
    19.435,
    14.599,
    16.815,
    14.098,
    14.656,
    16.748,
    11.966,
    21.1,
    21.715,
    21.384,
    19.337,
    16.85,
    16.089,
    13.541,
    13.609,
    13.44,
    10.852,
    10.118,
    6.9,
    9.151,
    10.524,
    8.864,
    12.17,
    8.751,
    9.027,
    11.618,
    9.41
   ],
   "unit": "pct_yoy"
  },
  "currency_with_public": {
   "name": "currency_with_public",
   "label": "Currency with the public, growth",
   "code": "mon_agg_itm=CUR_PUB|unit_measure=PT",
   "data": [
    9.412,
    9.838,
    13.268,
    16.238,
    0.4113,
    5.64,
    17.42,
    9.628,
    18.538,
    13.909,
    15.205,
    7.806,
    15.096,
    17.672,
    15.656,
    10.528,
    13.261,
    18.24,
    14.214,
    20.796,
    14.575,
    15.175,
    11.743,
    20.547,
    22.333,
    17.458,
    11.694,
    10.214,
    16.05,
    11.92,
    10.825,
    14.91,
    12.786,
    15.977,
    13.126,
    15.663,
    17.162,
    17.719,
    17.072,
    15.334,
    18.807,
    12.265,
    11.468,
    9.181,
    11.267,
    15.227,
    -20.8,
    39.204,
    16.622,
    14.498,
    17.112,
    10.315,
    7.931,
    4.078,
    6.465
   ],
   "unit": "pct_yoy"
  },
  "demand_deposits": {
   "name": "demand_deposits",
   "label": "Demand deposits, growth",
   "code": "mon_agg_itm=DD|unit_measure=PT",
   "data": [
    18.526,
    16.955,
    22.138,
    14.795,
    15.064,
    17.828,
    22.727,
    -29.178,
    21.241,
    15.373,
    20.515,
    7.385,
    13.55,
    15.518,
    23.282,
    12.608,
    21.753,
    7.772,
    12.862,
    23.049,
    14.66,
    33.835,
    3.924,
    21.057,
    33.723,
    5.715,
    12.979,
    12.713,
    14.877,
    9.746,
    11.083,
    7.776,
    10.914,
    30.122,
    10.97,
    41.96,
    17.226,
    21.099,
    1.784,
    21.961,
    0.6806,
    -1.654,
    5.953,
    7.8,
    9.81,
    11.014,
    18.4,
    6.227,
    9.625,
    6.835,
    14.814,
    10.92,
    4.862,
    11.475,
    9.785
   ],
   "unit": "pct_yoy"
  },
  "m1": {
   "name": "m1",
   "label": "Narrow money (M1), growth",
   "code": "mon_agg_itm=NAR_MON|unit_measure=PT",
   "data": [
    12.821,
    12.87,
    16.545,
    15.464,
    6.92,
    11.273,
    20.255,
    -10.21,
    20.183,
    15.66,
    17.12,
    6.459,
    14.428,
    17.042,
    19.513,
    10.472,
    16.83,
    13.664,
    14.057,
    21.373,
    14.597,
    23.16,
    8.444,
    21.53,
    27.51,
    11.743,
    12,
    11.317,
    15.391,
    10.589,
    11.011,
    11.436,
    11.999,
    22.201,
    12.281,
    27.183,
    17.127,
    19.411,
    8.986,
    18.227,
    10.01,
    6.046,
    9.217,
    8.55,
    11.295,
    13.529,
    -3.9,
    21.826,
    13.563,
    11.198,
    16.199,
    10.697,
    6.928,
    7.342,
    8.083
   ],
   "unit": "pct_yoy"
  },
  "net_rbi_credit_central_government": {
   "name": "net_rbi_credit_central_government",
   "label": "Net RBI credit to the central government, growth",
   "code": "mon_agg_itm=NET_RBI_CCG|unit_measure=PT",
   "data": [
    11.425,
    15.871,
    28.524,
    11.555,
    8.667,
    -4.366,
    12.889,
    -3.638,
    31.799,
    29.195,
    30.281,
    20.998,
    18.214,
    18.071,
    23.467,
    19.431,
    18.637,
    14.531,
    12.579,
    23.734,
    20.475,
    6.349,
    4.614,
    0.2694,
    2.201,
    20.073,
    1.628,
    10.7,
    8.83,
    -3.842,
    4.795,
    -3.5,
    -20.087,
    -67.323,
    -162.996,
    -122.185,
    -58.603,
    -5467.085,
    -153.876,
    242.579,
    86.234,
    35.626,
    10.495,
    18.145,
    -48.249,
    17.595,
    45.937,
    -23.452,
    68.774,
    23.645,
    10.771,
    32.164,
    0.0969,
    -18.183,
    24.338
   ],
   "unit": "pct_yoy"
  },
  "net_foreign_exchange_assets": {
   "name": "net_foreign_exchange_assets",
   "label": "Net foreign exchange assets of the banking sector, growth",
   "code": "mon_agg_itm=NFEABS|unit_measure=PT",
   "data": [
    -5.651,
    12.341,
    -5.816,
    13.722,
    -37.557,
    126.812,
    169.329,
    75.761,
    20.09,
    0.09367,
    -11.473,
    -41.48,
    -33.96,
    -9.956,
    90.401,
    23.548,
    24.354,
    17.799,
    19.887,
    0.2647,
    55.192,
    100.605,
    15.156,
    123.426,
    44.715,
    3.934,
    28.433,
    30.901,
    28.79,
    15.628,
    21.485,
    24.502,
    26.58,
    33.748,
    23.294,
    11.85,
    25.748,
    41.827,
    4.404,
    -5.229,
    8.731,
    10.797,
    6.016,
    17.553,
    16.981,
    12.577,
    1.1,
    14.231,
    5.083,
    23.778,
    20.463,
    6.011,
    1.189,
    13.344,
    10.436
   ],
   "unit": "pct_yoy"
  },
  "other_banks_credit_commercial": {
   "name": "other_banks_credit_commercial",
   "label": "Other banks' credit to the commercial sector, growth",
   "code": "mon_agg_itm=OTH_BNK_CCS|unit_measure=PT",
   "data": [
    19.887,
    11.596,
    19.142,
    20.421,
    17.945,
    23.312,
    20.652,
    12.895,
    19.805,
    21.345,
    18.585,
    18.537,
    18.878,
    18.5,
    16.891,
    16.935,
    14.54,
    13.52,
    17.996,
    18.795,
    13.809,
    9.252,
    18.36,
    8.141,
    23.69,
    18.055,
    9.552,
    14.88,
    13.794,
    18.094,
    16.566,
    13.183,
    18.868,
    13.188,
    25.681,
    32.386,
    26.079,
    21.148,
    16.447,
    16.294,
    21.33,
    17.803,
    13.56,
    13.622,
    9.297,
    10.634,
    4.4,
    9.465,
    12.692,
    6.348,
    5.753,
    9.166,
    14.311,
    19.338,
    10.713
   ],
   "unit": "pct_yoy"
  },
  "other_banks_credit_government": {
   "name": "other_banks_credit_government",
   "label": "Other banks' credit to government, growth",
   "code": "mon_agg_itm=OTH_BNK_CG|unit_measure=PT",
   "data": [
    15.844,
    20.619,
    29.915,
    8.728,
    16.095,
    28.735,
    9.096,
    50.495,
    7.085,
    16.81,
    21.895,
    9.898,
    21.986,
    11.243,
    15.623,
    22.822,
    31.014,
    23.112,
    16.34,
    17.927,
    18.121,
    25.128,
    21.078,
    34.489,
    15.602,
    12.806,
    20.531,
    18.851,
    19.802,
    25.189,
    22.163,
    22.148,
    27.083,
    25.574,
    10.375,
    -2.284,
    9.615,
    22.724,
    20.048,
    19.893,
    8.901,
    15.791,
    15.258,
    10.75,
    12.647,
    6.456,
    16.7,
    8.951,
    1.733,
    10.641,
    19.72,
    5.817,
    13.674,
    12.179,
    9.241
   ],
   "unit": "pct_yoy"
  },
  "rbi_credit_commercial": {
   "name": "rbi_credit_commercial",
   "label": "RBI credit to the commercial sector, growth",
   "code": "mon_agg_itm=RBI_CCS|unit_measure=PT",
   "data": [
    71.429,
    75.758,
    14.655,
    110.526,
    18.393,
    10.709,
    22.343,
    6.236,
    31.027,
    23.68,
    9.961,
    20.235,
    -5.822,
    23.636,
    15.63,
    10.901,
    11.206,
    11.668,
    45.752,
    14.935,
    -0.1103,
    14.475,
    -14.325,
    3.617,
    2.296,
    3.974,
    -8.869,
    31.039,
    49.353,
    24.898,
    -12.989,
    -55.379,
    -48.585,
    -32.375,
    -32.592,
    -0.1893,
    10.842,
    16.331,
    672.803,
    -90.391,
    62.972,
    82.964,
    -22.772,
    189.045,
    67.962,
    35.269,
    -63.696,
    92.36,
    9.54,
    -14.301,
    -33.853,
    90.271,
    60.218,
    -45.738,
    165.482
   ],
   "unit": "pct_yoy"
  },
  "rbi_net_claims_banks": {
   "name": "rbi_net_claims_banks",
   "label": "RBI's net claims on banks, growth",
   "code": "mon_agg_itm=RBI_NET_CB|unit_measure=PT",
   "data": [
    null,
    -17.29,
    -9.605,
    52.292,
    34.2,
    34.047,
    6.768,
    -34.046,
    20.626,
    7.431,
    6.333,
    31.113,
    21.04,
    36.84,
    14.543,
    -22.432,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null,
    null
   ],
   "unit": "pct_yoy"
  },
  "reserve_money": {
   "name": "reserve_money",
   "label": "Reserve money (M0), growth",
   "code": "mon_agg_itm=RES_MON|unit_measure=PT",
   "data": [
    9.841,
    11.613,
    12.096,
    20.554,
    4.551,
    2.683,
    25.487,
    11.666,
    28.709,
    17.689,
    17.372,
    7.948,
    10.058,
    25.461,
    21.46,
    8.374,
    17.406,
    19.374,
    17.703,
    23.242,
    13.13,
    13.359,
    11.33,
    25.179,
    22.074,
    14.871,
    2.843,
    13.209,
    14.525,
    8.203,
    8.105,
    11.427,
    9.198,
    18.278,
    12.056,
    16.933,
    23.941,
    30.953,
    6.43,
    16.974,
    19.138,
    3.597,
    6.208,
    14.381,
    11.295,
    13.082,
    -12.851,
    27.272,
    14.54,
    9.357,
    18.823,
    13.025,
    7.812,
    5.578,
    4.271
   ],
   "unit": "pct_yoy"
  },
  "time_deposits": {
   "name": "time_deposits",
   "label": "Time deposits, growth",
   "code": "mon_agg_itm=TIM_DE|unit_measure=PT",
   "data": [
    17.499,
    19.857,
    21.579,
    20.911,
    17.902,
    20.874,
    28.422,
    57.506,
    23.231,
    19.308,
    18.82,
    16.893,
    18.072,
    18.988,
    18.618,
    19.488,
    19.678,
    17.315,
    19.851,
    18.297,
    15.375,
    17.178,
    18.41,
    16.819,
    19.633,
    14.617,
    18.483,
    21.54,
    21.392,
    16.444,
    19.35,
    15.179,
    15.701,
    14.672,
    11.838,
    18.624,
    23.718,
    22.199,
    23.517,
    16.36,
    18.29,
    16.065,
    14.96,
    14.869,
    10.729,
    9.171,
    10.2,
    5.789,
    9.596,
    8.125,
    10.859,
    8.088,
    9.761,
    13.073,
    9.838
   ],
   "unit": "pct_yoy"
  }
 }
}