(measure: percent; Source: The International Monetary Fund)
* indicates monthly or quarterly data series
India: Real interest rate: Bank lending rate minus inflation
For that indicator, The International Monetary Fund provides data for India from 1978 to 2018. The average value for India during that period was 5.86 percent with a minimum of -1.98 percent in 2010 and a maximum of 10.77 percent in 1978.
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Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.