India: Lending interest rate

* indicates monthly or quarterly data series
 India

Interest rates on bank credit to the private sector

 Latest value 8.57
 Year 2022
 Measure percent
 Data availability 1978 - 2022
 Average 13.15
 Min - Max 8.33 - 18.92
 Source The World Bank
For that indicator, we provide data for India from 1978 to 2022. The average value for India during that period was 13.15 percent with a minimum of 8.33 percent in 2010 and a maximum of 18.92 percent in 1992. The latest value from 2022 is 8.57 percent. For comparison, the world average in 2022 based on 88 countries is 11.72 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
India - Lending interest rate - recent values

Historical chart
India - Lending interest rate - historical chart - 1978-2022




The lending interest rate in India shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households.
Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.


 Related indicators Latest value Reference Measure
 Bank cost to income ratio 47.82 2021 percent
 Non-performing loans 6.54 2021 percent
 Bank overhead cost 1.85 2021 percent
 Net interest margin 3.18 2021 percent
 Bank credit to deposits 71.96 2021 percent
 Regulatory capital to risk-weighted assets 15.59 2020 percent
 Return on assets 1.16 2021 percent
 Return on equity 13.91 2021 percent
 Banking system z-scores 19.44 2021 index points
 Liquid assets to deposits 14.03 2021 percent
 Banking system capital to assets 8.10 2020 percent
 Non-interest income to total income 27.11 2021 percent
 Lending interest rate 8.57 2022 percent
 Real interest rate 0.32 2022 percent
 Legal rights 9.00 2020 points
 Credit information sharing 7.00 2019 points
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