5 Minutes Read
Money Matters: Is M3 too high in India?
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Summary
All central banks create money but lately, there has been a worry that central banks are creating too much money including the Reserve Bank of India (RBI). The term used for all the money in the system is ‘M3’. So how much money should the RBI create in a year? Is M3 too high in India? …
All central banks create money but lately, there has been a worry that central banks are creating too much money including the Reserve Bank of India (RBI). The term used for all the money in the system is ‘M3’.
So how much money should the RBI create in a year? Is M3 too high in India? Is it time to worry about it?
CNBC-TV18’s Latha Venkatesh decodes it on ‘Money Matters’.
To watch other videos in this series, click the Money Matters tab below.
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