The value of loans in India increased 14.60 percent in January of 2026 over the same month in the previous year. Loan Growth in India averaged 11.77 percent from 2012 until 2026, reaching an all time high of 20.80 percent in December of 2023 and a record low of 4.10 percent in March of 2017. source: Reserve Bank of India

Loan Growth in India is expected to be 12.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Bank Loan Growth is projected to trend around 16.50 percent in 2027 and 17.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-30 11:30 AM
Bank Loan Growth YoY
Jan/09 13.1% 14.5%
2026-02-13 11:30 AM
Bank Loan Growth YoY
Jan/31 14.6% 13.1%
2026-02-20 11:30 AM
Bank Loan Growth YoY
Feb/06 14.6%


Related Last Previous Unit Reference
Cash Reserve Ratio 3.00 3.00 percent Dec 2025
Central Bank Balance Sheet 43947.59 40873.89 INR Billion Dec 2025
Foreign Exchange Reserves 717060.00 723770.00 USD Million Feb 2026
Interbank Rate 6.42 6.40 percent Feb 2026
RBI Interest Rate 5.25 5.25 percent Feb 2026
Bank Loan Growth YoY 14.60 13.10 percent Jan 2026
Money Supply M1 70481.59 70815.29 INR Billion Nov 2025
Money Supply M2 72722.44 72938.60 INR Billion Nov 2025
M3 Money Supply YoY 295029.10 298009.91 INR Billion Jan 2026
Reverse Repo Rate 3.35 3.35 percent Jan 2026


India Bank Loan Growth
In India, bank loan growth refers to the year-over-year change of the overall commercial banks credit to the economy, including food credit, non-food credit and loans, cash credit and overdrafts.
Actual Previous Highest Lowest Dates Unit Frequency
14.60 13.10 20.80 4.10 2012 - 2026 percent Biweekly