Bank assets as a share of GDP reached 88.6 % in 2017 in India, according to the National Central Bank. This is 5.31 % less than in the previous year.
Historically, bank assets as a share of GDP in India reached an all time high of 93.6 % in 2016 and an all time low of 12.0 % in 1964. When compared to India's main peers, bank assets as a share of GDP in Bangladesh amounted to 59.2 %, 320 % in China and 78.8 % in Sri Lanka in 2017.
India has been ranked 59th within the group of 113 countries we follow in terms of bank assets as a share of GDP, 7 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.