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Domestic Money Supply Up 12% On Year

Capital Market 

India's total Money Supply (M3) stood at Rs 17911125 crores as on November 6th 2020, recording a rise of 12% over the same time last year. Currency with the public stood at Rs 2636629 crores, up 21.2% over the year.

Demand deposits with banks were up 11.90% at Rs 1613454 crores. Time deposits with banks were also up 10.40% at Rs 13619385 crores. The bank credit to commercial sector rose 5.8% on year to Rs 11065229 crores.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, November 20 2020. 17:47 IST