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Bank Loans (Local Currency) in India

Source: OECD, Reserve Bank of India, IMF
Last Updated: July 26, 2023

Bank loans reached INR 121,460 bil in 2021 in India, according to the National Central Bank. This is 8.14% more than in the previous year.

Historically, bank loans in India reached an all time high of INR 121,460 bil in 2021 and an all time low of INR 8,803 bil in 2004.

India has been ranked 7th within the group of 72 countries we follow in terms of bank loans.

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