In the year 2022, lending interest rate in India stood at 8.6 percent. This was a slight reduction from last year's rate of 8.6 percent. Lending rate refers to the bank rate that generally caters to the short- and medium- term financing needs of the private sector.
Lending interest rates in India from the year 2007 to 2022
Characteristic
Lending rate
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World Bank. (March 20, 2024). Lending interest rates in India from the year 2007 to 2022 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1345433/india-lending-interest-rates/
World Bank. "Lending interest rates in India from the year 2007 to 2022." Chart. March 20, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1345433/india-lending-interest-rates/
World Bank. (2024). Lending interest rates in India from the year 2007 to 2022. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1345433/india-lending-interest-rates/
World Bank. "Lending Interest Rates in India from The Year 2007 to 2022." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/1345433/india-lending-interest-rates/
World Bank, Lending interest rates in India from the year 2007 to 2022 Statista, https://www.statista.com/statistics/1345433/india-lending-interest-rates/ (last visited August 24, 2024)
Lending interest rates in India from the year 2007 to 2022 [Graph], World Bank, March 20, 2024. [Online]. Available: https://www.statista.com/statistics/1345433/india-lending-interest-rates/