M3 money supply grew 13% y/y as on November 2.

By bne IntelliNews November 16, 2012
India's M3 money supply grew 13% y/y as on November 2 this year, as compared to the growth of 16.5% y/y registered during the same period a year earlier. As reported by Reuters News, the central bank stated that the money supply was recorded at INR 79,476.2bn during the period, as compared to INR 79,003.1bn registered as on October 19. The reserve money increased 1.1% y/y as on November 9, as compared to the growth of 13.2% y/y posted during the period a year ago.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Dismiss