India Bank Lending Interest Rate (2022)
India's Bank Lending Interest Rate: 8.6 % per annum in 2022, -0.1pp YoY. World Bank (FR.INR.LEND), 1978–2022.
India (2022)
8.6
% per annum
-0.1pp YoY
YoY Change
-0.1pp
percentage points
Trend
down
Series length
45
years of data
Data
| Year | % per annum | YoY Change |
|---|---|---|
| 2022 | 8.6 | -0.1pp |
| 2021 | 8.7 | -0.5pp |
| 2020 | 9.2 | -0.3pp |
| 2019 | 9.5 | unchanged |
| 2018 | 9.5 | unchanged |
| 2017 | 9.5 | -0.2pp |
| 2016 | 9.7 | -0.3pp |
| 2015 | 10 | -0.3pp |
| 2014 | 10.3 | unchanged |
| 2013 | 10.3 | -0.3pp |
| 2012 | 10.6 | +0.4pp |
| 2011 | 10.2 | +1.9pp |
| 2010 | 8.3 | -3.9pp |
| 2009 | 12.2 | -1.1pp |
| 2008 | 13.3 | +0.3pp |
| 2007 | 13 | +1.8pp |
| 2006 | 11.2 | +0.4pp |
| 2005 | 10.8 | -0.1pp |
| 2004 | 10.9 | -0.6pp |
| 2003 | 11.5 | -0.5pp |
About this Dataset
India recorded 8.6 % per annum in 2022. The latest change was -0.1pp. Across 1978–2022 the series ranges from 8.3 in 2010 to 18.9 in 1992.
This page tracks the prime or benchmark bank lending rate in India from 1990 to present. Lending rates directly affect the cost of corporate borrowing and investment activity.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the prime or benchmark bank lending rate in India from 1990 to present. Lending rates directly affect the cost of corporate borrowing and investment activity. It is published by World Bank and updated annually.
The most recent observation covers 2022. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1978–2022 (45 observations).
The series peaked at 18.9 % per annum in 1992 and reached its lowest recorded value of 8.3 in 2010. The latest reading of 8.6 in 2022 represents a change of -0.1pp.