{ "meta": { "dossier": "bis", "source": "Bank for International Settlements (BIS)", "vintage": "2026-10-09", "mock": false, "geo": "IND", "releaseDate": null, "revisionPolicy": "BIS revises credit, debt service and property series as national sources revise; each update re-reads the last ten years. Break-adjusted series are BIS's own adjustment.", "latestPeriod": "2026-01", "frequency": "quarterly", "base": "INR billion, current prices", "unit": "inr_bn", "coverage": "Credit to India's non-financial borrowers by sector, ₹ billion, with and without BIS's break adjustment", "note": "BIS total credit statistics (WS_TC). Latest quarters of private credit are BIS estimates (series.estimated). Credit covers loans and debt securities from all lenders (domestic and foreign, banks and non-banks), break-adjusted by BIS; government debt is at nominal value, other borrowers at market value. Shares of GDP use BIS's four-quarter GDP. Unadjusted series are as reported; BIS flags a break in households' unadjusted credit in Q1 2024." }, "dates": [ "1951-04-01", "1951-07-01", "1951-10-01", "1952-01-01", "1952-04-01", "1952-07-01", "1952-10-01", "1953-01-01", "1953-04-01", "1953-07-01", "1953-10-01", "1954-01-01", "1954-04-01", "1954-07-01", "1954-10-01", "1955-01-01", "1955-04-01", "1955-07-01", "1955-10-01", "1956-01-01", "1956-04-01", "1956-07-01", "1956-10-01", "1957-01-01", "1957-04-01", "1957-07-01", "1957-10-01", "1958-01-01", "1958-04-01", "1958-07-01", "1958-10-01", "1959-01-01", "1959-04-01", "1959-07-01", "1959-10-01", "1960-01-01", "1960-04-01", "1960-07-01", "1960-10-01", "1961-01-01", "1961-04-01", "1961-07-01", "1961-10-01", "1962-01-01", "1962-04-01", "1962-07-01", "1962-10-01", "1963-01-01", "1963-04-01", "1963-07-01", "1963-10-01", "1964-01-01", "1964-04-01", "1964-07-01", "1964-10-01", "1965-01-01", "1965-04-01", "1965-07-01", "1965-10-01", "1966-01-01", "1966-04-01", "1966-07-01", "1966-10-01", "1967-01-01", "1967-04-01", "1967-07-01", "1967-10-01", "1968-01-01", "1968-04-01", "1968-07-01", "1968-10-01", "1969-01-01", "1969-04-01", "1969-07-01", "1969-10-01", "1970-01-01", "1970-04-01", "1970-07-01", "1970-10-01", "1971-01-01", "1971-04-01", "1971-07-01", "1971-10-01", "1972-01-01", "1972-04-01", "1972-07-01", "1972-10-01", "1973-01-01", "1973-04-01", "1973-07-01", "1973-10-01", "1974-01-01", "1974-04-01", "1974-07-01", "1974-10-01", "1975-01-01", "1975-04-01", "1975-07-01", "1975-10-01", "1976-01-01", "1976-04-01", "1976-07-01", "1976-10-01", "1977-01-01", "1977-04-01", "1977-07-01", "1977-10-01", "1978-01-01", "1978-04-01", "1978-07-01", "1978-10-01", "1979-01-01", "1979-04-01", "1979-07-01", "1979-10-01", "1980-01-01", "1980-04-01", "1980-07-01", "1980-10-01", "1981-01-01", "1981-04-01", "1981-07-01", "1981-10-01", "1982-01-01", "1982-04-01", "1982-07-01", "1982-10-01", "1983-01-01", "1983-04-01", "1983-07-01", "1983-10-01", "1984-01-01", "1984-04-01", "1984-07-01", "1984-10-01", "1985-01-01", "1985-04-01", "1985-07-01", "1985-10-01", "1986-01-01", "1986-04-01", "1986-07-01", "1986-10-01", "1987-01-01", "1987-04-01", "1987-07-01", "1987-10-01", "1988-01-01", "1988-04-01", "1988-07-01", "1988-10-01", "1989-01-01", "1989-04-01", "1989-07-01", "1989-10-01", "1990-01-01", "1990-04-01", "1990-07-01", "1990-10-01", "1991-01-01", "1991-04-01", "1991-07-01", "1991-10-01", "1992-01-01", "1992-04-01", "1992-07-01", "1992-10-01", "1993-01-01", "1993-04-01", "1993-07-01", "1993-10-01", "1994-01-01", "1994-04-01", "1994-07-01", "1994-10-01", "1995-01-01", "1995-04-01", "1995-07-01", "1995-10-01", "1996-01-01", "1996-04-01", "1996-07-01", "1996-10-01", "1997-01-01", "1997-04-01", "1997-07-01", "1997-10-01", "1998-01-01", "1998-04-01", "1998-07-01", "1998-10-01", "1999-01-01", "1999-04-01", "1999-07-01", "1999-10-01", "2000-01-01", "2000-04-01", "2000-07-01", "2000-10-01", "2001-01-01", "2001-04-01", "2001-07-01", "2001-10-01", "2002-01-01", "2002-04-01", "2002-07-01", "2002-10-01", "2003-01-01", "2003-04-01", "2003-07-01", "2003-10-01", "2004-01-01", "2004-04-01", "2004-07-01", "2004-10-01", "2005-01-01", "2005-04-01", "2005-07-01", "2005-10-01", "2006-01-01", "2006-04-01", "2006-07-01", "2006-10-01", "2007-01-01", "2007-04-01", "2007-07-01", "2007-10-01", "2008-01-01", "2008-04-01", "2008-07-01", "2008-10-01", "2009-01-01", "2009-04-01", "2009-07-01", "2009-10-01", "2010-01-01", "2010-04-01", "2010-07-01", "2010-10-01", "2011-01-01", "2011-04-01", "2011-07-01", "2011-10-01", "2012-01-01", "2012-04-01", "2012-07-01", "2012-10-01", "2013-01-01", "2013-04-01", "2013-07-01", "2013-10-01", "2014-01-01", "2014-04-01", "2014-07-01", "2014-10-01", "2015-01-01", "2015-04-01", "2015-07-01", "2015-10-01", "2016-01-01", "2016-04-01", "2016-07-01", "2016-10-01", "2017-01-01", "2017-04-01", "2017-07-01", "2017-10-01", "2018-01-01", "2018-04-01", "2018-07-01", "2018-10-01", "2019-01-01", "2019-04-01", "2019-07-01", "2019-10-01", "2020-01-01", "2020-04-01", "2020-07-01", "2020-10-01", "2021-01-01", "2021-04-01", "2021-07-01", "2021-10-01", "2022-01-01", "2022-04-01", "2022-07-01", "2022-10-01", "2023-01-01", "2023-04-01", "2023-07-01", "2023-10-01", "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "series": { "total": { "name": "total", "label": "All non-financial borrowers (households, companies, government), ₹ billion", "bis_key": "Q.IN.C.A.M.XDC.A", "data": [ null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, 1368.882, 1424.582, 1478.417, 1571.337, 1632.35, 1690.181, 1755.693, 1896.112, 1966.063, 2021.62, 2086.537, 2206.856, 2291.39, 2384.059, 2454.182, 2609.039, 2707.468, 2792.865, 2911.491, 3062.107, 3248.631, 3333.307, 3438.786, 3601.36, 3817.022, 3893.264, 4035.715, 4217.787, 4494.813, 4602.013, 4779.099, 5094.949, 5290.589, 5506.48, 5688.438, 5987.413, 6270.693, 6457.838, 6620.483, 6899.367, 7139.656, 7365.122, 7588.267, 7913.755, 8305.547, 8635.104, 8925.988, 9293.304, 9672.856, 9917.671, 10092.108, 10473.392, 10840.374, 11061.42, 11553.266, 11985.792, 12705.279, 12966.096, 13509.775, 13967.556, 14711.83, 14920.837, 15251.316, 15633.304, 16322.342, 16572.554, 16951.898, 17654.48, 18663.704, 19114.609, 19805.741, 20442.329, 21657.822, 22056.717, 22925.543, 24183.231, 25210.811, 26125.159, 26784.469, 27853.759, 28654.071, 29409.419, 30303.573, 31465.751, 32774.066, 34451.254, 35325.265, 36463.432, 37797.942, 38580.847, 39304.885, 40857.332, 42798.18, 44056.29, 45677.156, 48339.738, 50618.012, 52359.726, 55305.357, 57205.103, 61416.932, 62673.974, 65994.831, 68188.265, 72707.865, 73411.428, 76752.205, 79779.459, 85427.323, 87613.432, 92196.323, 95222.937, 99254.31, 99833.126, 103330.967, 105893.687, 112942.234, 116274.775, 120220.286, 128139.872, 132793.376, 136541.091, 140896.785, 148456.166, 153024.481, 155497.143, 161869.586, 167945.904, 170061.998, 172922.992, 175850.797, 179876.263, 185635.564, 189776.635, 196528.903, 203551.992, 206180.534, 209067.657, 215683.335, 221507.865, 222439.896, 227413.12, 225889.129, 234476.265, 240161.836, 254564.388, 265182.947, 282934.606, 283348.121, 289681.421, 295019.174, 303224.43, 302642.511, 306433.62, 311673.577, 320124.901, 323335.939, 330910.483, 342232.053, 356415.43, 362903.489, 371596.099, 381642.946, 399653.842, 408804.511, 421919.68, 437984.989, 449499.368, 465668.683, 473482.054, 491452.808, 504610.083, 519068.16, 532130.449, 541788.877, 558153.633, 572066.975, 588338.493, 600577.499, 629371.485, 652325.594 ], "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." }, "private": { "name": "private", "label": "Private non-financial sector (households and companies), ₹ billion", "bis_key": "Q.IN.P.A.M.XDC.A", "data": [ 24.279, 22.894, 22.638, 22.777, 22.67, 22.127, 22.052, 22.606, 22.894, 22.116, 22.553, 23.448, 23.512, 23.384, 24.248, 25.356, 26.123, 26.091, 27.083, 28.596, 28.969, 28.298, 29.001, 30.579, 31.644, 31.069, 31.911, 33.723, 34, 33.883, 35.023, 37.048, 38.199, 38.093, 39.297, 41.386, 42.164, 41.162, 40.97, 42.249, 42.111, 41.439, 42.59, 45.223, 46.395, 45.926, 46.96, 48.527, 49.87, 49.934, 51.863, 53.686, 55.22, 55.274, 56.798, 58.599, 60.645, 60.422, 62.958, 65.378, 67.754, 67.136, 70.025, 72.657, 73.691, 73.457, 76.548, 79.511, 81.887, 81.376, 83.859, 88.527, 92.961, 91.469, 95.178, 99.505, 105.208, 106.643, 112.349, 119.156, 118.895, 120.61, 128.33, 132.973, 138.064, 136.143, 145.84, 158.427, 163.312, 164.077, 182.37, 190.78, 199.357, 198.239, 208.177, 225.016, 230.312, 235.719, 254.479, 277.471, 285.079, 296.957, 327.911, 334.773, 338.372, 347.565, 371.191, 377.942, 394.258, 401.456, 445.967, 452.792, 473.919, 493.443, 527.38, 549.44, 554.81, 562.344, 614.743, 651.552, 671.579, 689.742, 746.989, 772.33, 783.183, 801.718, 895.159, 918.133, 934.822, 960.872, 1042.323, 1087.99, 1122.581, 1134.627, 1231.406, 1271.758, 1278.117, 1317.706, 1389.284, 1496.771, 1494.247, 1512.526, 1587.9, 1716.362, 1690.396, 1730.64, 1810.504, 1985.323, 1980.438, 2045.439, 2249.204, 2332.759, 2408.942, 2451.193, 2610.46, 2754.033, 2811.31, 2844.088, 2993.104, 3103.526, 3110.132, 3114.417, 3221.045, 3393.977, 3557.064, 3681.478, 3882.324, 4095.406, 4121.436, 4077.088, 4239.587, 4387.784, 4391.025, 4665.066, 4879.787, 5381.469, 5409.846, 5721.085, 5946.426, 6458.26, 6446.832, 6556.876, 6718.429, 7187.032, 7115.281, 7172.663, 7553.282, 8240.544, 8271.761, 8543.206, 8760.106, 9555.912, 9415.949, 9745.918, 10464.748, 10953.471, 11421.896, 11635.284, 12258.651, 12613.041, 12738.189, 13002.143, 13534.121, 14212.236, 15275.711, 15536.01, 16060.464, 16781.262, 16905.974, 16971.82, 17866.074, 19148.73, 19661.957, 20537.941, 22455.64, 23989.032, 25086.991, 27388.867, 28644.858, 32212.932, 32754.636, 35360.156, 36838.252, 40642.515, 40455.35, 42905.4, 45041.926, 49799.063, 50728.334, 54054.388, 55824.164, 58598.7, 57907.396, 60135.117, 61427.717, 67206.144, 69206.295, 71819.416, 78406.612, 81727.726, 83530.466, 85941.185, 91555.591, 94178.931, 94793.43, 99307.711, 103525.866, 103783.798, 104381.439, 105045.892, 106808.005, 110303.954, 112526.47, 117360.183, 122464.717, 123174.704, 123217.664, 126989.18, 129969.547, 128057.416, 130165.235, 125775.839, 131497.57, 134317.736, 145455.355, 152808.982, 167295.708, 164444.291, 167178.486, 168917.134, 173523.285, 169342.261, 168653.72, 169414.027, 173385.701, 172117.089, 173151.76, 177933.458, 185576.962, 185525.149, 188870.724, 193570.536, 206234.397, 210038.031, 217127.696, 227167.501, 232656.375, 242800.186, 244755.791, 256868.779, 264168.288, 272768.599, 280567.123, 284961.787, 296062.778, 304712.355, 315615.178, 322485.489, 345910.779, 363496.193 ], "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." }, "households": { "name": "households", "label": "Households and non-profits serving them, ₹ billion", "bis_key": "Q.IN.H.A.M.XDC.A", "data": [ null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, 18666.365, 19615.834, 19967.798, 20728.493, 21425.429, 21964.379, 22589.572, 22344.508, 22102.741, 22496.893, 22489.067, 23264.302, 23551.712, 25081.008, 26847.74, 27793.911, 28187.348, 28774.405, 30128.473, 30754.345, 30271.023, 31931.95, 33429.368, 34007.331, 34777.705, 35589.81, 37007.994, 37735.053, 37745.61, 39184.585, 40773.096, 41092.903, 41043.605, 43052.247, 44624.053, 44523.788, 46643.161, 45185.559, 49310.875, 47844.963, 50937.991, 51908.076, 56816.743, 56295.239, 58869.563, 60905.888, 64525.523, 64146.311, 65716.932, 68108.98, 72274.203, 71735.031, 72467.629, 75270.943, 79654.421, 79030.268, 80275.385, 82261.636, 88645.282, 91083.105, 95339.081, 101227.744, 104603.585, 110546.908, 111972.87, 119011.094, 123391.528, 127408.685, 131051.331, 133104.054, 138289.265, 142329.434, 147422.082, 150631.165, 161572.987, 169787.035 ], "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." }, "companies": { "name": "companies", "label": "Non-financial companies, ₹ billion", "bis_key": "Q.IN.N.A.M.XDC.A", "data": [ null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, 25223.648, 26816.117, 28375.421, 31855.566, 32338.84, 34769.515, 35941.562, 38218.177, 37759.479, 39375.604, 40398.115, 44678.723, 46153.582, 47666.861, 52230.1, 54510.914, 55792.035, 57483.378, 61427.118, 63424.586, 64522.406, 67375.761, 70096.498, 69776.467, 69603.734, 69456.082, 69800.012, 72568.901, 74780.86, 78175.598, 81691.622, 82081.801, 82174.06, 83936.932, 85345.493, 83533.628, 83522.074, 80590.28, 82186.695, 86472.773, 94517.364, 100900.906, 110478.965, 108149.051, 108308.923, 108011.245, 108997.763, 105195.95, 102936.788, 101305.047, 101111.498, 100382.058, 100684.13, 102662.514, 105922.542, 106494.881, 108595.338, 111308.9, 117589.114, 118954.926, 121788.615, 125939.757, 128052.79, 132253.278, 132782.921, 137857.685, 140776.76, 145359.914, 149515.791, 151857.732, 157773.513, 162382.921, 168193.096, 171854.323, 184337.792, 193709.157 ], "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." }, "government": { "name": "government", "label": "General government (debt at nominal value), ₹ billion", "bis_key": "Q.IN.G.A.N.XDC.A", "data": [ null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, 717.33, 753.003, 788.675, 824.348, 860.02, 906.998, 953.975, 1000.953, 1047.93, 1086.798, 1125.665, 1164.533, 1203.4, 1261.478, 1319.555, 1377.633, 1435.71, 1514.748, 1593.785, 1672.823, 1751.86, 1839.06, 1926.26, 2013.46, 2100.66, 2202.868, 2305.075, 2407.283, 2509.49, 2621.575, 2733.66, 2845.745, 2957.83, 3097.538, 3237.245, 3376.953, 3516.66, 3646.528, 3776.395, 3906.263, 4036.13, 4254.99, 4473.85, 4692.71, 4911.57, 5078.04, 5244.51, 5410.98, 5577.45, 5796.235, 6015.02, 6233.805, 6452.59, 6670.395, 6888.2, 7106.005, 7323.81, 7556.25, 7788.69, 8021.13, 8253.57, 8474.005, 8694.44, 8914.875, 9135.31, 9457.273, 9779.235, 10101.198, 10423.16, 10842.848, 11262.535, 11682.223, 12101.91, 12640.768, 13179.625, 13718.483, 14257.34, 14703.263, 15149.185, 15595.108, 16041.03, 16671.23, 17301.43, 17931.63, 18561.83, 19175.543, 19789.255, 20402.968, 21016.68, 21674.873, 22333.065, 22991.258, 23649.45, 24394.333, 25139.215, 25884.098, 26628.98, 27272.735, 27916.49, 28560.245, 29204, 29919.338, 30634.675, 31350.013, 32065.35, 32956.078, 33846.805, 34737.533, 35628.26, 36885.098, 38141.935, 39398.773, 40655.61, 41925.73, 43195.85, 44465.97, 45736.09, 47068.48, 48400.87, 49733.26, 51065.65, 53010.625, 54955.6, 56900.575, 58845.55, 60703.713, 62561.875, 64420.038, 66278.2, 68541.553, 70804.905, 73068.258, 75331.61, 77250.165, 79168.72, 81087.275, 83005.83, 85849.993, 88694.155, 91538.318, 94382.48, 97247.885, 100113.29, 102978.695, 105844.1, 109109.033, 112373.965, 115638.898, 118903.83, 122502.935, 126102.04, 129701.145, 133300.25, 137779.9, 142259.55, 146739.2, 151218.85, 157758.723, 164298.595, 170838.468, 177378.34, 182725.375, 188072.41, 193419.445, 198766.48, 204791.984, 210817.488, 216842.993, 222868.497, 228726.263, 234584.029, 240441.795, 246299.561, 251563.326, 256827.09, 262090.855, 267354.62, 272723.315, 278092.01, 283460.706, 288829.401 ] }, "private_banks": { "name": "private_banks", "label": "Private non-financial sector, credit from banks only, ₹ billion", "bis_key": "Q.IN.P.B.M.XDC.A", "data": [ 12.552, 11.836, 11.703, 11.775, 11.72, 11.439, 11.4, 11.687, 11.836, 11.433, 11.659, 12.122, 12.155, 12.089, 12.535, 13.108, 13.505, 13.489, 14.001, 14.784, 14.976, 14.629, 14.993, 15.808, 16.359, 16.062, 16.497, 17.434, 17.577, 17.517, 18.106, 19.153, 19.748, 19.693, 20.316, 21.396, 21.798, 21.28, 21.181, 21.842, 21.77, 21.423, 22.018, 23.379, 23.985, 23.743, 24.277, 25.087, 25.782, 25.815, 26.812, 27.754, 28.548, 28.575, 29.363, 30.294, 31.352, 31.237, 32.548, 33.799, 35.028, 34.708, 36.201, 37.562, 38.097, 37.975, 39.573, 41.105, 42.334, 42.069, 43.353, 45.767, 48.059, 47.288, 49.205, 51.442, 56.42, 57.19, 60.25, 63.9, 63.76, 64.68, 68.82, 71.31, 74.04, 73.01, 78.21, 84.96, 87.58, 87.99, 97.8, 102.31, 106.91, 106.31, 111.64, 120.67, 123.51, 126.41, 136.47, 148.8, 152.88, 159.25, 175.85, 179.53, 181.46, 186.39, 199.06, 202.68, 211.43, 215.29, 239.16, 242.82, 254.15, 264.62, 282.82, 294.65, 297.53, 301.57, 329.67, 349.41, 360.15, 369.89, 400.59, 414.18, 420, 429.94, 480.05, 492.37, 501.32, 515.29, 558.97, 583.46, 602.01, 608.47, 660.37, 682.01, 685.42, 704.98, 739.62, 797.51, 793.91, 808.84, 848.58, 913.47, 899.97, 927.62, 965.38, 1036.97, 1031.89, 1068.7, 1179.4, 1223.58, 1273.31, 1290.05, 1377.29, 1453.55, 1484.18, 1497.25, 1563.75, 1654.27, 1663.66, 1656.86, 1714.3, 1807.33, 1893.68, 1927.87, 2028.65, 2139.15, 2154.05, 2136.23, 2229.69, 2313.29, 2315.55, 2475.51, 2589.34, 2861.31, 2865.03, 3001.72, 3114.08, 3377.93, 3330.16, 3380.61, 3460.37, 3700.6, 3666.41, 3702.21, 3872.33, 4251.24, 4204.32, 4344.16, 4445.53, 4837.64, 4807.96, 4996.8, 5402.73, 5712.94, 5964.14, 6085.26, 6444.15, 6659.32, 6738.17, 6875.57, 7179.02, 7537.18, 8128.29, 8267.31, 8559.07, 8959.32, 9026.5, 9042.77, 9531.72, 10140.89, 10426.74, 10901.6, 11941.64, 12745.22, 13331.32, 14521.76, 15144.77, 16872.95, 17019.5, 18462.1, 19255.21, 21273.25, 20955.73, 22438.65, 23335.3, 25772.01, 26083.93, 27710.71, 28621.73, 30010.732, 29949.169, 31039.907, 31781.732, 34900.81, 35717.981, 36949.129, 40473.029, 42345.119, 43072.942, 44149.22, 47014.905, 49883.78, 51321.3, 51413.315, 54113.86, 56616.063, 58157.355, 59941.389, 61785.378, 64364.571, 65595.914, 65961.988, 68064.683, 70348.772, 71429.513, 72070.21, 75214.985, 77829.857, 77839.212, 80541.096, 78905.377, 84042.005, 81980.202, 85445.462, 86332.338, 91996.905, 91931.455, 95627.694, 98677.617, 103648.171, 102499.507, 103708.431, 105906.134, 110254.784, 108951.864, 109191.664, 111936.21, 116597.57, 115469.49, 116604.802, 118635.024, 125999.497, 128629.534, 133461.442, 140270.244, 144030.872, 151180.205, 152849.093, 161325.256, 166577.39, 171339.88, 174023.663, 180802.941, 186085.162, 192743.42, 196939.058, 211244.677, 221983.935 ], "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." }, "private_unadjusted": { "name": "private_unadjusted", "label": "Private non-financial sector (households and companies), ₹ billion, not adjusted for breaks", "bis_key": "Q.IN.P.A.M.XDC.U", "data": [ 22.78, 21.48, 21.24, 21.37, 21.27, 20.76, 20.69, 21.21, 21.48, 20.75, 21.16, 22, 22.06, 21.94, 22.75, 23.79, 24.51, 24.48, 25.41, 26.83, 27.18, 26.55, 27.21, 28.69, 29.69, 29.15, 29.94, 31.64, 31.9, 31.79, 32.86, 34.76, 35.84, 35.74, 36.87, 38.83, 39.56, 38.62, 38.44, 39.64, 39.51, 38.88, 39.96, 42.43, 43.53, 43.09, 44.06, 45.53, 46.79, 46.85, 48.66, 50.37, 51.81, 51.86, 53.29, 54.98, 56.9, 56.69, 59.07, 61.34, 63.57, 62.99, 65.7, 68.17, 69.14, 68.92, 71.82, 74.6, 76.83, 76.35, 78.68, 83.06, 87.22, 85.82, 89.3, 93.36, 56.42, 57.19, 60.25, 63.9, 63.76, 64.68, 68.82, 71.31, 74.04, 73.01, 78.21, 84.96, 87.58, 87.99, 97.8, 102.31, 106.91, 106.31, 111.64, 120.67, 123.51, 126.41, 136.47, 148.8, 152.88, 159.25, 175.85, 179.53, 181.46, 186.39, 199.06, 202.68, 211.43, 215.29, 239.16, 242.82, 254.15, 264.62, 282.82, 294.65, 297.53, 301.57, 329.67, 349.41, 360.15, 369.89, 400.59, 414.18, 420, 429.94, 480.05, 492.37, 501.32, 515.29, 558.97, 583.46, 602.01, 608.47, 660.37, 682.01, 708.112, 730.045, 769.701, 829.252, 827.854, 837.981, 879.74, 950.912, 936.526, 958.822, 1003.069, 1099.923, 1097.217, 1133.229, 1246.12, 1292.413, 1334.62, 1358.028, 1446.266, 1525.81, 1557.543, 1575.703, 1658.262, 1719.439, 1723.099, 1725.473, 1784.548, 1880.356, 1970.711, 2039.64, 2150.914, 2268.967, 2283.389, 2258.819, 2348.848, 2430.953, 2432.748, 2584.575, 2703.536, 2981.481, 2997.203, 3169.638, 3294.483, 3578.053, 3571.722, 3632.689, 3722.194, 3981.813, 3942.061, 3973.852, 4184.726, 4565.488, 4582.783, 4733.171, 4853.339, 5294.237, 5216.694, 5399.506, 5797.757, 6068.523, 6328.044, 6446.267, 6791.629, 6987.971, 7057.306, 7203.544, 7498.275, 7873.969, 8463.163, 8607.376, 8897.938, 9297.28, 9366.373, 9402.854, 9898.296, 10608.922, 10893.264, 11378.583, 12441.041, 13290.582, 13898.882, 15174.184, 15870.037, 17846.848, 18146.967, 19590.497, 20409.403, 22517.069, 22413.374, 23770.769, 24954.463, 27590.048, 28104.889, 29947.614, 30928.119, 32465.288, 32082.286, 33316.505, 34032.641, 37234.048, 38342.187, 39789.927, 43439.415, 45279.403, 46278.17, 47613.775, 91555.591, 94178.931, 94793.43, 99307.711, 103525.866, 103783.798, 104381.439, 105045.892, 106808.005, 110303.954, 112526.47, 117360.183, 122464.717, 123174.704, 123217.664, 126989.18, 129969.547, 128057.416, 130165.235, 125775.839, 131497.57, 134317.736, 145455.355, 152808.982, 167295.708, 164444.291, 167178.486, 168917.134, 173523.285, 169342.261, 168653.72, 169414.027, 173385.701, 172117.089, 173151.76, 177933.458, 185576.962, 185525.149, 188870.724, 193570.536, 206234.397, 210038.031, 217127.696, 227167.501, 232656.375, 242800.186, 244755.791, 256868.779, 264168.288, 272768.599, 280567.123, 284961.787, 296062.778, 304712.355, 315615.178, 322485.489, 345910.779, 363496.193 ], "breaks": [ "2024-01-01" ], "breaksNote": "BIS flags a break in the series at these dates (OBS_STATUS B).", "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." }, "households_unadjusted": { "name": "households_unadjusted", "label": "Households and non-profits serving them, ₹ billion, not adjusted for breaks", "bis_key": "Q.IN.H.A.M.XDC.U", "data": [ null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, 4698.89, 4937.9, 5026.5, 5217.99, 5393.43, 5529.1, 5686.48, 5624.79, 5563.93, 5663.15, 5661.18, 5856.33, 5928.68, 6313.65, 6758.39, 6996.57, 7095.61, 7243.39, 30128.473, 30754.345, 30271.023, 31931.95, 33429.368, 34007.331, 34777.705, 35589.81, 37007.994, 37735.053, 37745.61, 39184.585, 40773.096, 41092.903, 41043.605, 43052.247, 44624.053, 44523.788, 46643.161, 45185.559, 49310.875, 47844.963, 50937.991, 51908.076, 56816.743, 56295.239, 58869.563, 60905.888, 64525.523, 64146.311, 65716.932, 68108.98, 72274.203, 71735.031, 72467.629, 75270.943, 79654.421, 79030.268, 80275.385, 82261.636, 88645.282, 91083.105, 95339.081, 101227.744, 104603.585, 110546.908, 111972.87, 119011.094, 123391.528, 127408.685, 131051.331, 133104.054, 138289.265, 142329.434, 147422.082, 150631.165, 161572.987, 169787.035 ], "breaks": [ "2024-01-01" ], "breaksNote": "BIS flags a break in the series at these dates (OBS_STATUS B).", "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." }, "companies_unadjusted": { "name": "companies_unadjusted", "label": "Non-financial companies, ₹ billion, not adjusted for breaks", "bis_key": "Q.IN.N.A.M.XDC.U", "data": [ null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, null, 17714.484, 18832.869, 19927.963, 22372.058, 22711.459, 24418.514, 25241.639, 26840.498, 26518.356, 27653.355, 28371.461, 31377.718, 32413.507, 33476.277, 36681.025, 38282.833, 39182.56, 40370.385, 61427.118, 63424.586, 64522.406, 67375.761, 70096.498, 69776.467, 69603.734, 69456.082, 69800.012, 72568.901, 74780.86, 78175.598, 81691.622, 82081.801, 82174.06, 83936.932, 85345.493, 83533.628, 83522.074, 80590.28, 82186.695, 86472.773, 94517.364, 100900.906, 110478.965, 108149.051, 108308.923, 108011.245, 108997.763, 105195.95, 102936.788, 101305.047, 101111.498, 100382.058, 100684.13, 102662.514, 105922.542, 106494.881, 108595.338, 111308.9, 117589.114, 118954.926, 121788.615, 125939.757, 128052.79, 132253.278, 132782.921, 137857.685, 140776.76, 145359.914, 149515.791, 151857.732, 157773.513, 162382.921, 168193.096, 171854.323, 184337.792, 193709.157 ], "breaks": [ "2024-01-01" ], "breaksNote": "BIS flags a break in the series at these dates (OBS_STATUS B).", "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." }, "private_banks_unadjusted": { "name": "private_banks_unadjusted", "label": "Private non-financial sector, credit from banks only, ₹ billion, not adjusted for breaks", "bis_key": "Q.IN.P.B.M.XDC.U", "data": [ 22.78, 21.48, 21.24, 21.37, 21.27, 20.76, 20.69, 21.21, 21.48, 20.75, 21.16, 22, 22.06, 21.94, 22.75, 23.79, 24.51, 24.48, 25.41, 26.83, 27.18, 26.55, 27.21, 28.69, 29.69, 29.15, 29.94, 31.64, 31.9, 31.79, 32.86, 34.76, 35.84, 35.74, 36.87, 38.83, 39.56, 38.62, 38.44, 39.64, 39.51, 38.88, 39.96, 42.43, 43.53, 43.09, 44.06, 45.53, 46.79, 46.85, 48.66, 50.37, 51.81, 51.86, 53.29, 54.98, 56.9, 56.69, 59.07, 61.34, 63.57, 62.99, 65.7, 68.17, 69.14, 68.92, 71.82, 74.6, 76.83, 76.35, 78.68, 83.06, 87.22, 85.82, 89.3, 93.36, 56.42, 57.19, 60.25, 63.9, 63.76, 64.68, 68.82, 71.31, 74.04, 73.01, 78.21, 84.96, 87.58, 87.99, 97.8, 102.31, 106.91, 106.31, 111.64, 120.67, 123.51, 126.41, 136.47, 148.8, 152.88, 159.25, 175.85, 179.53, 181.46, 186.39, 199.06, 202.68, 211.43, 215.29, 239.16, 242.82, 254.15, 264.62, 282.82, 294.65, 297.53, 301.57, 329.67, 349.41, 360.15, 369.89, 400.59, 414.18, 420, 429.94, 480.05, 492.37, 501.32, 515.29, 558.97, 583.46, 602.01, 608.47, 660.37, 682.01, 685.42, 704.98, 739.62, 797.51, 793.91, 808.84, 848.58, 913.47, 899.97, 927.62, 965.38, 1036.97, 1031.89, 1068.7, 1179.4, 1223.58, 1273.31, 1290.05, 1377.29, 1453.55, 1484.18, 1497.25, 1563.75, 1654.27, 1663.66, 1656.86, 1714.3, 1807.33, 1893.68, 1927.87, 2028.65, 2139.15, 2154.05, 2136.23, 2229.69, 2313.29, 2315.55, 2475.51, 2589.34, 2861.31, 2865.03, 3001.72, 3114.08, 3377.93, 3330.16, 3380.61, 3460.37, 3700.6, 3666.41, 3702.21, 3872.33, 4251.24, 4204.32, 4344.16, 4445.53, 4837.64, 4807.96, 4996.8, 5402.73, 5712.94, 5964.14, 6085.26, 6444.15, 6659.32, 6738.17, 6875.57, 7179.02, 7537.18, 8128.29, 8267.31, 8559.07, 8959.32, 9026.5, 9042.77, 9531.72, 10140.89, 10426.74, 10901.6, 11941.64, 12745.22, 13331.32, 14521.76, 15144.77, 16872.95, 17019.5, 18462.1, 19255.21, 21273.25, 20955.73, 22438.65, 23335.3, 25772.01, 26083.93, 27710.71, 28621.73, 30010.732, 29949.169, 31039.907, 31781.732, 34900.81, 35717.981, 36949.129, 40473.029, 42345.119, 43072.942, 44149.22, 47014.905, 49883.78, 51321.3, 51413.315, 54113.86, 56616.063, 58157.355, 59941.389, 61785.378, 64364.571, 65595.914, 65961.988, 68064.683, 70348.772, 71429.513, 72070.21, 75214.985, 77829.857, 77839.212, 80541.096, 78905.377, 84042.005, 81980.202, 85445.462, 86332.338, 91996.905, 91931.455, 95627.694, 98677.617, 103648.171, 102499.507, 103708.431, 105906.134, 110254.784, 108951.864, 109191.664, 111936.21, 116597.57, 115469.49, 116604.802, 118635.024, 125999.497, 128629.534, 133461.442, 140270.244, 144030.872, 151180.205, 152849.093, 161325.256, 166577.39, 171339.88, 174023.663, 180802.941, 186085.162, 192743.42, 196939.058, 211244.677, 221983.935 ], "estimated": [ "2024-01-01", "2024-04-01", "2024-07-01", "2024-10-01", "2025-01-01", "2025-04-01", "2025-07-01", "2025-10-01", "2026-01-01" ], "estimatedNote": "Estimated by BIS: after 2023-10 (the last quarter of the RBI's financial accounts) BIS extends private credit with bank credit and keeps the household/company split fixed. BIS documentation, India entry; not flagged in the observation status." } } }