MUMBAI, Feb 20 India's M3 money supply
rose an annualised 12.7 percent in the two weeks to
Feb. 8, compared with 14.4 percent a year earlier, the Reserve
Bank of India said on Wednesday.
Money supply was 81.6 trillion rupees ($1.51 trillion) as of
Feb. 8, compared with 81 trillion rupees on Jan. 25, the central
The RBI said year-on-year reserve money grew 3.2 percent in
the week to Feb. 15, compared with 11.1 percent a year earlier.
It also said currency in circulation grew 11.1 percent
year-on-year in the week to Feb. 15, compared with 12 percent a
($1 = 54.1 rupees)
(Reporting by Shamik Paul; Editing by Prateek Chatterjee)