Private sector credit, billion currency units in India, November 2011 - December 2020
For that indicator, we provide data for India from November 2011 to December 2020. The average value for India during that period was 66003.88 billion Indian Rupee with a minimum of 38723 billion Indian Rupee in November 2011 and a maximum of 92485.28 billion Indian Rupee in December 2020.
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around the world.
* indicates monthly or quarterly data series
Measure: billion Indian Rupee
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.