Bank loans as a share of gdp reached 51.3% in fourth quarter of 2021 in India, according to the National Central Bank. This is 4.42% more than in the previous quarter.
Historically, bank loans as a share of GDP in India reached an all time high of 56.7% in 4Q2020 and an all time low of 48.2% in 2Q2021.
India has been ranked 39th within the group of 73 countries we follow in terms of bank loans as a share of GDP.
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