India: Bank credit to deposits

(measure: percent; Source: The International Monetary Fund)
* indicates monthly or quarterly data series

India: Bank credit as percent of bank deposits, 1960 - 2017:

For that indicator, we provide data for India from 1960 to 2017. The average value for India during that period was 76.83 percent with a minimum of 60.87 percent in 1999 and a maximum of 90.17 percent in 1970. The latest value from 2017 is 73.12 percent. For comparison, the world average in 2017 based on 159 countries is 94.60 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values

Longer historical series

Definition: The financial resources provided to the private sector by domestic money banks as a share of total deposits. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Total deposits include demand, time and saving deposits in deposit money banks.
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