India bank lending rate


India bank lending rate closed down 10.25 as of May 31, 2024 from 10.25 from the previous day, 10.25 last week and 8.8 last month.

India bank lending rate Analytics & Data





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India bank lending rate Historical Data

DateClose
2024-05-31 10.25
2024-05-31 10.25
2024-04-30 10.25
2024-03-31 10.25
2024-02-29 10.25
2024-01-31 10.25
2023-12-31 10.25
2023-11-30 10.1
2023-10-31 10.1
2023-09-30 10.1
2023-08-31 10.1
2023-07-31 10.1
2023-06-30 10.1
2023-05-31 10.1
2023-05-31 10.1
2023-05-31 10.1
2023-05-31 10.1
2023-04-30 10.1
2023-03-31 9.4
2023-02-28 9.4
2023-01-31 9.4
2022-12-31 8.8
2022-11-30 8.8
2022-10-31 8.8
2022-09-30 8.8
2022-08-31 8.8
2022-07-31 8.8
2022-06-30 8.8
2022-05-31 8.8
2022-04-30 8.8
2022-03-31 8.8
2022-02-28 8.8
2022-01-31 8.8
2021-12-31 8.8
2021-11-30 8.8
2021-10-31 8.8
2021-09-30 8.8
2021-08-31 8.8
2021-07-31 8.8
2021-06-30 8.8
2021-05-31 8.8
2021-04-30 8.8
2021-03-31 8.8
2021-02-28 8.8
2021-01-31 8.8
2020-12-31 8.8
2020-11-30 8.8
2020-10-31 9
2020-09-30 9
2020-08-31 9
2020-07-31 9
2020-06-30 9
2020-05-31 9.4
2020-04-30 9.4
2020-03-31 9.4
2020-02-29 9.4
2020-01-31 9.4
2019-12-31 9.4
2019-11-30 9.4
2019-10-31 9.4

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India bank lending rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
India bank lending ratein.banks.lendingrate0000

India bank lending rate Factors

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India bank lending rate Historical Data

The MacroVar database offers free access to historical data for the India bank lending rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of India bank lending rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India bank lending rate

The lending rate in India refers to the interest rate charged by banks when they provide loans to customers. This rate is typically determined by the Reserve Bank of India, the central banking institution of the country, and can vary depending on several factors such as the borrower's creditworthiness, the loan amount, and the prevailing economic conditions. A lower lending rate can make borrowing more affordable for individuals and businesses, stimulating economic growth and investment. On the other hand, a higher lending rate can help curb inflation and prevent excessive borrowing, but it may also slow down economic activity. Overall, the lending rate plays a crucial role in shaping the borrowing and spending behavior of individuals and businesses in India.