The value of loans in India increased 7.10 percent year-on-year in the two weeks to November 5th 2021. source: Reserve Bank of India

Loan Growth in India averaged 10.66 percent from 2012 until 2021, 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 December of 2021.

Loan Growth in India is expected to be 6.20 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 6.40 percent in 2022, according to our econometric models.

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India Bank Loan Growth

Calendar GMT Actual Previous Consensus TEForecast
2021-11-05 11:30 AM Oct/22 6.8% 6.5%
2021-11-19 11:30 AM Nov/05 7.1% 6.8%
2021-12-03 11:30 AM Nov/19 7.1%

Related Last Previous Unit Reference
Interest Rate 4.00 4.00 percent Oct/21
Cash Reserve Ratio 4.00 4.00 percent Nov/21
Interbank Rate 3.53 3.52 percent Nov/21
Money Supply M1 48200.32 48032.49 INR Billion Sep/21
Money Supply M2 49691.54 49481.73 INR Billion Oct/21
Money Supply M3 199158.04 195674.96 INR Billion Nov/21
Foreign Exchange Reserves 640401.00 640110.00 USD Million Nov/21
Central Bank Balance Sheet 34836.09 34147.69 INR Billion Oct/21
Loan Growth 7.10 6.80 percent Nov/21
Reverse Repo Rate 3.35 3.35 percent Oct/21
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.