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Bank Interest Expenses (Local Currency) in India

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached INR 5,111,476 mil in 2020 in India, according to the National Central Bank. This is 10.8% less than in the previous year.

Historically, bank interest expenses in India reached an all time high of INR 5,730,946 mil in 2019 and an all time low of INR 2,838,977 mil in 2011.

India has been ranked 7th within the group of 70 countries we follow in terms of bank interest expenses.

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