India: Consumer credit
* indicates monthly or quarterly data series
The most recent value is 28631.27 billion Indian Rupee as of December 2024, an increase compared to the previous value of 28261.84 billion Indian Rupee. Historically, the average for India from October 2012 to December 2024 is 11841.15 billion Indian Rupee. The minimum of 4052 billion Indian Rupee was recorded in October 2012, while the maximum of 28631.27 billion Indian Rupee was reached in December 2024.
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* indicates monthly or quarterly data series
- Measure: billion Indian Rupee
- Source: Reserve Bank of India
| Recent values | India: Consumer credit, billion currency units |
|---|---|
| 2024 Dec | 28631.27 |
| 2024 Nov | 28261.84 |
| 2024 Oct | 27756.31 |
| 2024 Sep | 27512.14 |
| 2024 Aug | 27223.18 |
| 2024 Jul | 27197.06 |
| 2024 Jun | 26875.39 |
| 2024 May | 26700.35 |
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Definition: Loans provided by commercial banks to households and individuals for the purchase of goods and services, excluding real estate. In billion local currency units.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.6 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 86.5928 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 265,125.10 | 12/2024 | billion |
| Consumer Price Index (CPI) | 192.0000 | 3/2025 | index points |
| Inflation, monthly | -0.26 | 3/2025 | percent |
| Inflation, annual | 3.34 | 3/2025 | percent |
| Private sector credit | 168,508.43 | 12/2024 | billion |
| Business credit | 110,559.77 | 12/2024 | billion |
| Household credit | 57,948.66 | 12/2024 | billion |
| Mortgage credit | 29,317.39 | 12/2024 | billion |
| Consumer credit | 28,631.27 | 12/2024 | billion |
| Deposit interest rate | 7.00 | 12/2024 | percent |
| Policy rate | 6.25 | 3/2025 | percent |
| Household debt to GDP | 42.10 | 9/2024 | percent |
| Debt service ratios for private non-financial sector | 11.30 | Q3/2024 | percent |