
India: Business credit
* indicates monthly or quarterly data series
The most recent value is 107058.48 billion Indian Rupee as of September 2024, an increase compared to the previous value of 105604.14 billion Indian Rupee. Historically, the average for India from November 2011 to September 2024 is 60433.53 billion Indian Rupee. The minimum of 31517 billion Indian Rupee was recorded in November 2011, while the maximum of 107058.48 billion Indian Rupee was reached in September 2024.
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* indicates monthly or quarterly data series
- Measure: billion Indian Rupee
- Source: Reserve Bank of India
Recent values | India: Business credit, billion currency units |
---|---|
2024  Sep | 107058.48 |
2024  Aug | 105604.14 |
2024  Jul | 104827.05 |
2024  Jun | 105947.84 |
2024  May | 105235.45 |
2024  Apr | 103647.03 |
2024  Mar | 103477.8 |
2024  Feb | 101973.25 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 5.6 | 2023 | percent |
Exchange rate regimes | 7 | 2022 | index points |
USD exchange rate | 86.2619 | 1/2025 | Local Currency Units per USD |
Money supply (broad money) | 258,788.48 | 9/2024 | billion |
Consumer Price Index (CPI) | 195.4000 | 12/2024 | index points |
Inflation, monthly | -0.56 | 12/2024 | percent |
Inflation, annual | 5.22 | 12/2024 | percent |
Private sector credit | 163,025.67 | 9/2024 | billion |
Business credit | 107,058.48 | 9/2024 | billion |
Household credit | 55,967.19 | 9/2024 | billion |
Mortgage credit | 28,455.05 | 9/2024 | billion |
Consumer credit | 27,512.14 | 9/2024 | billion |
Deposit interest rate | 6.96 | 10/2024 | percent |
Policy rate | 6.50 | 12/2024 | percent |
Household debt to GDP | 42.90 | 6/2024 | percent |
Debt service ratios for private non-financial sector | 11.90 | Q2/2024 | percent |