Bank loans as a share of gdp reached 51.3% in 2021 in India, according to the National Central Bank. This is 9.52% less than in the previous year.
Historically, bank loans as a share of GDP in India reached an all time high of 57.9% in 2015 and an all time low of 8.64% in 1961.
India has been ranked 39th within the group of 71 countries we follow in terms of bank loans as a share of GDP.
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