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India Bank Lending Rate

Bank Lending Rate in India

Indicator Data Period
Bank Lending Rate 9.4 % Mar/23


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     India - Historical Data (%)

What is India Bank Lending Rate?

  • Bank Lending Rate in India remained unchanged at 9.4 % in March 2023. The maximum level was 20 % and minimum was 8 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
9.4 Mar/23 10.03.2023
9.4 Feb/23 10.02.2023
9.4 Jan/23 13.01.2023
8.8 Dec/22 09.12.2022
8.8 Nov/22 11.11.2022
8.8 Oct/22 15.10.2022
8.8 Sep/22 10.09.2022
8.8 Aug/22 13.08.2022


Historical Chart by presidents (%)

Bank Lending Rate in India by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ram Kovind 25.07.2017 - 9.5500 9.4500 9.5500 9.4500 -1.05%
Pranab Mukherjee 25.07.2012 - 25.07.2017 10.5000 9.6000 10.5000 8.7500 -8.57%
Pratibha Patil 25.07.2007 - 25.07.2012 13.2500 10.5000 14.0000 8.0000 -20.75%
Avul Jainulabdeen 25.07.2002 - 25.07.2007 12.0000 13.2500 13.2500 10.7500 10.42%
Kocheril Narayanan 25.07.1997 - 26.07.2002 13.5000 12.0000 14.0000 11.7500 -11.11%
Shankar Sharma 26.07.1992 - 27.07.1997 19.0000 13.5000 19.0000 13.5000 -28.95%
Ramaswamy Venkataraman 27.07.1987 - 28.07.1992 16.5000 19.0000 20.0000 16.0000 15.15%

Other money indicators in India

Index Updated Actual Previous
Interbank Rate Mar/23 7.38 % 7.38
Interest Rate Feb/23 6.5 % 6.25
Money Supply M1 Dec/22 668.614 B USD 647.965
Central Bank Balance Sheet Jan/23 353.051 B USD 356.33
Foreign Direct Investment Dec/22 1.954 B USD -2.428

Bank Lending Rate in other countries

Country Updated Actual Previous
Jordan Jan/23 10.97 % 10.8
China Mar/23 4.35 % 4.35
India Mar/23 9.4 % 9.4
Israel Oct/22 4.74 % 4.33
South Korea Jan/23 5.46 % 5.56
Taiwan Jan/23 2.89 % 2.84
Hong Kong Feb/23 5.63 % 5.63
Japan Mar/23 1.45 % 1.5
Malaysia Jan/23 5.05 % 5.01
Philippines Dec/19 6.54 % 6.77
Singapore Jun/21 5.25 % 5.25
Sri Lanka Jan/23 24.82 % 27.24
Thailand Feb/23 6.25 % 6.25
Kuwait 3Q/22 4.02 % 3.74
Bahrain Dec/22 6.44 % 5.29
Mauritius Jan/23 9.5 % 9.5