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.


Forecast Data Chart
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India Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence 95 101 100 96 98 97
Consumer Spending 18527 20649 20413 19898 19879 23596
Disposable Personal Income 169623970 183284086 186581355 189878625 193175894 231000000
Personal Savings 26099 27600 28034 28468 28902 32403
Bank Lending Rate 9.45 9.7 9.7 9.7 9.95 9.45
Gasoline Prices 1.08 1.06 1.05 1.03 1.01 0.93
Households Debt To GDP 11.4 11.82 11.95 12.08 12.2 13.09