In 2021, broad money for India was 193,739,443 million LCU. Broad money of India increased from 135,165 million LCU in 1972 to 193,739,443 million LCU in 2021 growing at an average annual rate of 16.04%.
The description is composed by our digital data assistant.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.