Bank Lending Rate in India remained unchanged at 8.80 percent in May from 8.80 percent in April of 2022. source: Reserve Bank of India

Bank Lending Rate in India averaged 13.23 percent from 1978 until 2022, reaching an all time high of 20 percent in October of 1991 and a record low of 8 percent in July of 2010. This page provides - India Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Prime Lending Rate - values, historical data and charts - was last updated on May of 2022.

Bank Lending Rate in India is expected to be 8.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Prime Lending Rate is projected to trend around 9.65 percent in 2023, according to our econometric models.

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India Prime Lending Rate



Related Last Previous Unit Reference
Consumer Confidence 71.70 64.40 points Mar 2022
Bank Lending Rate 8.80 8.80 percent May 2022

India Prime Lending Rate
In India, the prime lending rate is the average rate of interest charged on loans by five major banks.
Actual Previous Highest Lowest Dates Unit Frequency
8.80 8.80 20.00 8.00 1978 - 2022 percent Monthly