India: Private sector credit

(measure: billion currency units, source: Reserve Bank of India)
Private sector credit, billion currency units in India, December, 2017: Data for that indicator for India are available from November 2011 to December 2017. During that period, the average value for India was 57030.2 billion currency units with a high of 72393 billion currency units in December 2017 and a low of 38723 billion currency units in November 2011. The source of the data for this indicator for India is: Reserve Bank of India. Click on the following link to see the values of Private sector credit, billion currency units around the world.
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Measure: billion currency units
Source: Reserve Bank of India
Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.