In financial year 2022, Indian banks had deployed over 118 trillion Indian rupees of gross bank credit. The lion's share of over 35 trillion Indian rupees went to the industry sector, followed by retail sector at around 34 trillion Indian rupees. As of fiscal year 2021, on a year-on-year basis, retail loans - including housing, motor, or credit cards - had increased by 12.3 percent compared to fiscal year 2020.
Total value of gross bank credit in India from financial year 2019 to 2022, by sector
(in trillion Indian rupees)
Values have been rounded.
India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.
One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of July 2023).
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Reserve Bank of India. (December 27, 2022). Total value of gross bank credit in India from financial year 2019 to 2022, by sector (in trillion Indian rupees) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1223110/india-value-of-gross-bank-credits/
Reserve Bank of India. "Total value of gross bank credit in India from financial year 2019 to 2022, by sector (in trillion Indian rupees)." Chart. December 27, 2022. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1223110/india-value-of-gross-bank-credits/
Reserve Bank of India. (2022). Total value of gross bank credit in India from financial year 2019 to 2022, by sector (in trillion Indian rupees). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1223110/india-value-of-gross-bank-credits/
Reserve Bank of India. "Total Value of Gross Bank Credit in India from Financial Year 2019 to 2022, by Sector (in Trillion Indian Rupees)." Statista, Statista Inc., 27 Dec 2022, https://www.statista.com/statistics/1223110/india-value-of-gross-bank-credits/
Reserve Bank of India, Total value of gross bank credit in India from financial year 2019 to 2022, by sector (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1223110/india-value-of-gross-bank-credits/ (last visited December 03, 2024)
Total value of gross bank credit in India from financial year 2019 to 2022, by sector (in trillion Indian rupees) [Graph], Reserve Bank of India, December 27, 2022. [Online]. Available: https://www.statista.com/statistics/1223110/india-value-of-gross-bank-credits/