Bank loans reached 88,362 INR bil in 2017 in India, according to the National Central Bank. This is 7.04 % more than in the previous year.
Historically, bank loans in India reached an all time high of 88,362 INR bil in 2017 and an all time low of 8,803 INR bil in 2004. When compared to India's main peers, bank loans in China amounted to 130,000 CNY bil and 6,512 PKR bil in Pakistan in 2017.
India has been ranked 8th within the group of 100 countries we follow in terms of bank loans, 3 places above the position seen 10 years ago.
A bank loan is a type of debt.