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Bank Interest Expenses (Local Currency) in India

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached INR 1,716,890 mil in second quarter of 2021 in India, according to the National Central Bank. This is 76.0% less than in the previous quarter.

Historically, bank interest expenses in India reached an all time high of INR 7,691,955 mil in 1Q2020 and an all time low of INR 1,089,409 mil in 4Q2012.

India has been ranked 5th within the group of 53 countries we follow in terms of bank interest expenses.

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