India: Business credit

(measure: billion Indian Rupee, source: Reserve Bank of India)
* indicates monthly or quarterly data series

Business credit, billion currency units in India, August, 2020: For that indicator, we provide data for India from November 2011 to August 2020. The average value for India during that period was 50137.66 billion Indian Rupee with a minimum of 31517 billion Indian Rupee in November 2011 and a maximum of 66578.91 billion Indian Rupee in March 2020. Click on the following link to see the values of Business credit, billion currency units around the world.
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Measure: billion Indian Rupee
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.
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