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Total value of gross bank credit in India from financial year 2019 to 2024, by sector (in trillion Indian rupees)

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Source

Release date

December 2024

Region

India

Survey time period

FY 2019 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2024 started in April 2023 and ended in March 2024.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of February 2025).

Values have been rounded.

Citation formats

Value of gross bank credit FY 2019-2024, by sector

Published by K. Scholle, Feb 18, 2025

In financial year 2024, Indian banks had deployed over *** trillion Indian rupees of gross bank credit. The lion's share of over ** trillion Indian rupees went to the retail sector, followed by service sector at around ** trillion Indian rupees. As of fiscal year 2024, on a year-on-year basis, retail loans - including housing, motor, or credit cards - had increased by ** percent compared to fiscal year 2023.

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