The value of loans in India increased 6.70 percent in September of 2021 over the same month in the previous year. source: Reserve Bank of India

Loan Growth in India averaged 10.71 percent from 2012 until 2021, 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. This page provides the latest reported value for - India Bank Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Bank Loan Growth - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Loan Growth in India is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Bank Loan Growth is projected to trend around 6.40 percent in 2022, according to our econometric models.

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India Bank Loan Growth

Calendar GMT Actual Previous Consensus TEForecast
2021-08-27 11:30 AM Aug/13 6.5% 6.1%
2021-09-10 11:30 AM Aug/27 6.7% 6.5%
2021-09-24 11:30 AM Sep/10 6.7% 6.7%
2021-10-08 11:30 AM Sep/24 6.7% 6.7%
2021-10-22 11:30 AM Oct/08 6.7%
2021-11-05 11:30 AM Oct/22
2021-11-19 11:30 AM Nov/05
2021-12-03 11:30 AM Nov/19

India Last Unit Reference Previous Highest Lowest
Interest Rate 4.00 percent Oct/21 4.00 14.50 4.00
Cash Reserve Ratio 4.00 percent Oct/21 4.00 10.50 3.00
Interbank Rate 3.48 percent Oct/21 3.45 12.97 2.93
Money Supply M1 48565.11 INR Billion Jul/21 48237.00 48565.11 80.15
Money Supply M2 49481.73 INR Billion Sep/21 49810.93 49810.93 1127.49
Money Supply M3 193995.96 INR Billion Sep/21 194036.92 194036.92 123.52
Foreign Exchange Reserves 639516.00 USD Million Oct/21 637500.00 642453.00 29048.00
Central Bank Balance Sheet 33300.55 INR Billion Aug/21 33423.25 33423.25 1624.31
Loan Growth 6.70 percent Sep/21 6.70 18.70 4.10
Reverse Repo Rate 3.35 percent Oct/21 3.35 13.50 3.25

India Bank Loan Growth
In India, bank loan growth refers to the year-over-year change of the overall commercial banks credit to the economy, including food credit, non-food credit and loans, cash credit and overdrafts.