India: Business credit
* indicates monthly or quarterly data series
| India |
Business credit, billion currency units |
|---|---|
| Latest value | 93256.67 |
| Reference | September 2023 |
| Measure | billion Indian Rupee |
| Data availability | November 2011 - September 2023 |
| Average | 56873.9 |
| Min - Max | 31517 - 93256.67 |
| Source | Reserve Bank of India |
For that indicator, we provide data for India from November 2011 to September 2023. The average value for India during that period was 56873.9 billion Indian Rupee with a minimum of 31517 billion Indian Rupee in November 2011 and a maximum of 93256.67 billion Indian Rupee in September 2023.
Click on the following link to see the values of Business credit, billion currency units around the world.
Select indicator
* indicates monthly or quarterly data series
Recent values chart
Historical chart
Measure: billion Indian Rupee
Source: Reserve Bank of India
Source: Reserve Bank of India
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 value | Reference | Measure |
|---|---|---|---|
| Inflation | 6.7 | 2022 | percent |
| Money supply (broad money) | 233,623.01 | 9/2023 | billion |
| Consumer Price Index (CPI) | 184.1000 | 9/2023 | index points |
| Inflation, monthly | -1.13 | 9/2023 | percent |
| Inflation, annual | 5.02 | 9/2023 | percent |
| Private sector credit | 141,525.00 | 9/2023 | billion |
| Business credit | 93,256.67 | 9/2023 | billion |
| Household credit | 48,268.33 | 9/2023 | billion |
| Mortgage credit | 24,766.97 | 9/2023 | billion |
| Consumer credit | 23,501.36 | 9/2023 | billion |
| Deposit interest rate | 6.70 | 9/2023 | percent |
| Policy rate | 6.50 | 9/2023 | percent |
| Household debt to GDP | 35.60 | 9/2022 | percent |
| Debt service ratios for private non-financial sector | 9.50 | Q3/2022 | percent |
| USD exchange rate | 83.0799 | 9/2023 | Local Currency Units per USD |