India: Domestic credit to the private sector
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
India: Domestic credit to the private sector, percent of GDP: For that indicator, The World Bank provides data for India from 1960 to 2016. The average value for India during that period was 26.02 percent with a minumum of 7.95 percent in 1960 and a maximum of 52.39 percent in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.