The value of loans in India increased 14.50 percent year-on-year in the two weeks to July 29th 2022. source: Reserve Bank of India

Loan Growth in India averaged 10.64 percent from 2012 until 2022, 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 2022.

Loan Growth in India is expected to be 10.00 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 9.40 percent in 2023 and 6.40 percent in 2024, according to our econometric models.

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India Bank Loan Growth

Calendar GMT Actual Previous Consensus TEForecast
2022-07-29 11:30 AM Jul/15 14% 14.4%
2022-08-12 11:30 AM Jul/29 14.5% 14%
2022-08-26 11:30 AM Aug/12 14.5%

Related Last Previous Unit Reference
Interest Rate 5.40 4.90 percent Aug 2022
Cash Reserve Ratio 4.50 4.50 percent Aug 2022
Interbank Rate 5.62 5.62 percent Aug 2022
Money Supply M1 52980.98 52861.84 INR Billion May 2022
Money Supply M2 55150.14 54622.68 INR Billion Jul 2022
Money Supply M3 209109.47 206623.21 INR Billion Jul 2022
Foreign Exchange Reserves 572980.00 573880.00 USD Million Aug 2022
Central Bank Balance Sheet 29526.81 29639.26 INR Billion Jun 2022
Loan Growth 14.50 14.00 percent Jul 2022
Reverse Repo Rate 3.35 3.35 percent Aug 2022

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
14.50 14.00 18.70 4.10 2012 - 2022 percent Biweekly