India's M3 rose 9.4% YoY to Rs 279.34 lakh crores in May 2025, with 1% fortnightly growth and slower bank credit expansion.

• M3 money supply hits Rs 279.34 lakh crores, up 9.4% annually and 1% fortnightly in May 2025.
• Currency with public grows 7.7% YoY to Rs 37.13 lakh crores; demand deposits surge 18.1% to Rs 31.31 lakh crores.
• Time deposits rise 8.6% to Rs 209.56 lakh crores; bank credit to the commercial sector slows to 9.7% from 15.5% YoY.