Bank Lending Rate in India remained unchanged at 9.45 percent in November from 9.45 percent in October of 2018. Bank Lending Rate in India averaged 13.60 percent from 1978 until 2018, reaching an all time high of 20 percent in October of 1991 and a record low of 8 percent in July of 2010.

Bank Lending Rate in India is expected to be 9.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in India to stand at 9.95 in 12 months time. In the long-term, the India Prime Lending Rate is projected to trend around 9.45 percent in 2020, according to our econometric models.

India Prime Lending Rate
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Forecast Data Chart
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India Consumer Last Previous Highest Lowest Unit
Consumer Confidence 94.00 95.00 116.70 88.00 Index Points [+]
Consumer Spending 18516.44 18526.63 19190.11 4469.88 INR Billion [+]
Disposable Personal Income 169623970.00 154965120.00 169623970.00 91540.00 INR Million [+]
Personal Savings 26099.21 25429.60 26099.21 6.34 INR Billion [+]
Bank Lending Rate 9.45 9.45 20.00 8.00 percent [+]
Gasoline Prices 1.05 1.08 1.34 0.48 USD/Liter [+]
Households Debt To GDP 11.40 11.00 11.40 8.70 percent of GDP [+]


India Prime Lending Rate

In India, the prime lending rate is the average rate of interest charged on loans by five major banks. This page provides - India Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Prime Lending Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9.45 9.45 20.00 8.00 1978 - 2018 percent Monthly




Country Last Previous
Brazil 51.88 Oct/18
South Africa 10.25 Nov/18
India 9.45 Nov/18
Russia 9.09 Sep/18
Australia 8.65 Nov/18
Singapore 5.33 Nov/18
United States 5.25 Nov/18
China 4.35 Nov/18
Canada 3.95 Nov/18
South Korea 3.64 Oct/18
Germany 2.03 Oct/18
Euro Area 1.99 Oct/18
Italy 1.93 Oct/18
United Kingdom 1.75 Nov/18
France 1.67 Oct/18
Spain 1.19 Oct/18
Japan 1.00 Oct/18
Netherlands 0.96 Oct/18


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