India: Private sector credit
* indicates monthly or quarterly data series
| India |
Private sector credit, billion currency units |
|---|---|
| Latest value | 123622.16 |
| Reference | December 2022 |
| Measure | billion Indian Rupee |
| Source | Reserve Bank of India |
For that indicator, we provide data for India from November 2011 to December 2022. The average value for India during that period was 73070.91 billion Indian Rupee with a minimum of 38723 billion Indian Rupee in November 2011 and a maximum of 123622.16 billion Indian Rupee in December 2022.
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Measure: billion Indian Rupee
Source: Reserve Bank of India
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.