Effective bank tax rate reached 26.7% in fourth quarter of 2020 in India, according to the National Central Bank. This is 5.22% less than in the previous quarter.
Historically, effective bank tax rate in India reached an all time high of 347% in 2Q2020 and an all time low of -19.4% in 1Q2019.
India has been ranked 27th within the group of 57 countries we follow in terms of effective bank tax rate.
Buy annual subscriptions for all our products.
Helgi Library 
