India - Broad money to total reserves ratio

Broad money to total reserves ratio in India was 3.97 as of 2020. Its highest value over the past 60 years was 24.02 in 1990, while its lowest value was 3.18 in 2007.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 12.12
1961 12.66
1962 18.03
1963 16.82
1964 22.41
1965 20.64
1966 15.39
1967 14.43
1968 14.36
1969 12.84
1970 13.04
1971 12.63
1972 12.78
1973 12.61
1974 9.78
1975 11.57
1976 7.72
1977 5.89
1978 5.44
1979 4.58
1980 5.35
1981 8.22
1982 8.79
1983 9.63
1984 9.48
1985 9.68
1986 9.90
1987 10.33
1988 13.72
1989 15.75
1990 24.02
1991 15.40
1992 13.34
1993 8.54
1994 6.22
1995 6.86
1996 7.05
1997 6.95
1998 6.72
1999 6.51
2000 6.23
2001 5.71
2002 4.50
2003 3.70
2004 3.48
2005 3.90
2006 3.59
2007 3.18
2008 3.60
2009 3.73
2010 4.33
2011 4.81
2012 4.68
2013 4.87
2014 4.89
2015 4.64
2016 4.73
2017 4.76
2018 5.02
2019 4.71
2020 3.97

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)