MUMBAI, Feb 6 India's M3 money supply
rose an annualised 12.7 percent in the two weeks to
Jan. 25, compared with 14.8 percent growth a year earlier, the
Reserve Bank of India said on Wednesday.
Money supply was 81 trillion rupees ($1.52 trillion) as of
Jan. 25, compared with 81.12 trillion rupees on Jan. 11, the
central bank said.
The RBI said year-on-year reserve money grew 6.2 percent in
the week to Feb. 1, compared with 11.0 percent a year earlier.
It also said currency in circulation grew 10.9 percent
year-on-year in the week to Feb. 1, compared with 12.0 percent a
($1 = 53.1250 Indian rupees)
(Reporting by Neha Dasgupta; Editing by Sunil Nair)