India
Reference market. India is ahead of Southeast Asia on digital lending rules, consent-based data sharing and credit bureau data; we track it for what it suggests for the region.
- Last updated
- 1 Oct 2026
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- 15 Sep 2026
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The RBI document could not be read directly.
A steep rise over two quarters as published by BIS; later revisions are possible.
Total bank credit, not non-food credit; differs from the sectoral-deployment series of 41 banks.
The RBI resolution could not be read directly. Next decision scheduled for 7 October 2026.
| 2024-03 | 2.8 |
|---|---|
| 2024-09 | 2.6 |
| 2025-03 | 2.3 |
| 2025-09 | 2.1 |
| 2026-03 | 1.8 |
Gross NPA ratio of scheduled commercial banks (RBI), end-March and end-September, from the RBI Financial Stability Report (Sep 2025: RBI Trends and Progress of Banking in India) · Source: RBI Financial Stability Report (Jun/Dec issues), as reported by Business Standard / AIR (2024-03, 2024-09, 2025-03, 2025-09, 2026-03)
| 2024Q2 | 44.1 |
|---|---|
| 2024Q3 | 43.9 |
| 2024Q4 | 44.5 |
| 2025Q1 | 44.8 |
| 2025Q2 | 45.5 |
| 2025Q3 | 45.5 |
| 2025Q4 | 47.7 |
| 2026Q1 | 49.1 |
Credit to households and non-profits from all sectors at market value / GDP, BIS total credit statistics, adjusted for breaks (Q.IN.H.A.M.770.A) · Source: BIS total credit statistics, series Q.IN.H.A.M.770.A The rise in 2025Q4–2026Q1 is as published by BIS.
Key indicators and definitions
Compilers differ; compare like with like.| Indicator | Value | Definition and scope | Basis date | Source | Definition and source |
|---|---|---|---|---|---|
| Gross NPA ratio (banks) | 1.8%The RBI document could not be read directly. | Gross non-performing assets / gross advancesScheduled commercial banks, India | 31 Mar 2026 | Business Standard (2026-06-30), reporting the RBI Financial Stability Report, June 2026 | Definition and sourceGross non-performing assets / gross advances Scope: Scheduled commercial banks, India Source: Business Standard (2026-06-30), reporting the RBI Financial Stability Report, June 2026 |
| Household debt to GDP | 49.1%A steep rise over two quarters as published by BIS; later revisions are possible. | Credit to households and non-profits from all sectors / GDP (BIS, adjusted for breaks)All lenders | 31 Mar 2026 | BIS total credit statistics, series Q.IN.H.A.M.770.A | Definition and sourceCredit to households and non-profits from all sectors / GDP (BIS, adjusted for breaks) Scope: All lenders Source: BIS total credit statistics, series Q.IN.H.A.M.770.A |
| Bank credit growth, y/y | 18.1%Total bank credit, not non-food credit; differs from the sectoral-deployment series of 41 banks. | Year-on-year growth of bank credit of scheduled commercial banks, as cited in the RBI Bulletin (September 2026)Scheduled commercial banks, India | 15 Sep 2026 | The Tribune (ANI): High credit-deposit ratio does not signal funding constraint for banks: RBI bulletin (2026-09-27) | Definition and sourceYear-on-year growth of bank credit of scheduled commercial banks, as cited in the RBI Bulletin (September 2026) Scope: Scheduled commercial banks, India |
| RBI repo rate | 5.25%The RBI resolution could not be read directly. Next decision scheduled for 7 October 2026. | Policy repo rateReserve Bank of India | 5 Aug 2026 | 5paisa, RBI MPC schedule FY2026-27 (accessed 2026-09-29) | Definition and sourcePolicy repo rate Scope: Reserve Bank of India Source: 5paisa, RBI MPC schedule FY2026-27 (accessed 2026-09-29) |
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