India: Mortgage credit

* indicates monthly or quarterly data series

The most recent value is 27985.68 billion Indian Rupee as of June 2024, an increase compared to the previous value of 27865.98 billion Indian Rupee. Historically, the average for India from October 2012 to June 2024 is 11785.59 billion Indian Rupee. The minimum of 4285 billion Indian Rupee was recorded in October 2012, while the maximum of 27985.68 billion Indian Rupee was reached in June 2024. Click on the following link to see the values of: Mortgage credit around the world.

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* indicates monthly or quarterly data series

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Measure: billion Indian Rupee
Source: Reserve Bank of India

Recent values	India: Mortgage credit, billion currency units
2024 Jun	27985.68
2024 May	27865.98
2024 Apr	27441.47
2024 Mar	27227.2
2024 Feb	26828.37
2024 Jan	26603.42
2023 Dec	26402.55
2023 Nov	25941.06

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Definition: Loans provided by commercial banks for the purchase of non-commercial real estate. In billion local currency units.

Related indicators	Latest	Reference	Measure
Inflation	5.6	2023	percent
Exchange rate regimes	7	2021	index points
USD exchange rate	83.7986	9/2024	Local Currency Units per USD
Money supply (broad money)	257,018.39	6/2024	billion
Consumer Price Index (CPI)	193.0000	8/2024	index points
Inflation, monthly	0.00	8/2024	percent
Inflation, annual	3.65	8/2024	percent
Private sector credit	160,808.91	6/2024	billion
Business credit	105,947.84	6/2024	billion
Household credit	54,861.07	6/2024	billion
Mortgage credit	27,985.68	6/2024	billion
Consumer credit	26,875.39	6/2024	billion
Deposit interest rate	6.91	6/2024	percent
Policy rate	6.50	7/2024	percent
Household debt to GDP	42.70	3/2024	percent
Debt service ratios for private non-financial sector	11.80	Q1/2024	percent