Value of gross bank credit in services sector FY 2019-2023, by segment

Published by Sandhya Keelery, Aug 30, 2024
In financial year 2023, Indian banks had deployed over 36 trillion Indian rupees to the services sector. This was an increase by around 19 percent compared to the previous year. The lion's share of credits went to non-banking financial companies (NBFC) with almost 12 trillion Indian rupees.

Total value of gross bank credit in services sector in India from financial year 2019 to 2023, by segment (in trillion Indian rupees)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

January 2024

Region

India

Survey time period

FY 2019 to FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of April 2024).
Values have been rounded.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Banking in India "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Banking in India

Overview

6

Sectors

7

Key players

6

Digital banking

6

Government initiatives

8

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

NBFCs in IndiaDigital payments in IndiaBanking industry in IndiaFintech in IndiaWealth management in India
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.