India - Broad money to total reserves ratio

4.07 (ratio) in 2021

In 2021, broad money to total reserves ratio for India was 4.07 ratio. Though India broad money to total reserves ratio fluctuated substantially in recent years, it tended to decrease through 1972 - 2021 period ending at 4.07 ratio in 2021.

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What is broad money to total reserves ratio?

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.

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What is India broad money to total reserves ratio?