The value of loans in India increased 13 percent in May of 2019 over the same month in the previous year. Loan Growth in India averaged 11.90 percent from 2012 until 2019, reaching an all time high of 18.70 percent in April of 2012 and a record low of 4.10 percent in March of 2017.
Loan Growth in India is expected to be 14.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in India to stand at 13.00 in 12 months time. In the long-term, the India Bank Loan Growth is projected to trend around 12.00 percent in 2020, according to our econometric models.