Fx denominated bank loans as a share of gdp reached 3.63% in first quarter of 2021 in India, according to the National Central Bank. This is 15.4% less than in the previous quarter.
Historically, FX denominated bank loans as a share of GDP in India reached an all time high of 7.02% in 3Q2015 and an all time low of 3.44% in 3Q2011.
India has been ranked 47th within the group of 70 countries we follow in terms of FX denominated bank loans as a share of GDP.
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