The value of loans in India increased 5.80 percent year-on-year in the two weeks to July 17th 2020.
Loan Growth in India averaged 11.39 percent from 2012 until 2020, reaching an all time high of 18.70 percent in April of 2012 and a record low of 4.10 percent in March of 2017. This page provides the latest reported value for - India Bank Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Bank Loan Growth - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Reserve Bank of India
Loan Growth in India is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in India to stand at 6.50 in 12 months time. In the long-term, the India Bank Loan Growth is projected to trend around 6.20 percent in 2021 and 6.40 percent in 2022, according to our econometric models.