Bank credit off-take in India 2009-2018

This statistic shows the credit off-take of banks in India from fiscal years 2009 to 2018. As illustrated in the graph, in fiscal year 2018 credit take-off was valued at 1,347.18 billion U.S. dollars, up from about 1,180 billion dollars in the previous year.

Credit off-take of banks in India from FY 2009 to FY 2018

Value in billion U.S. dollars
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Sources

Release date

January 2019

Region

India

Survey time period

FY 2009 to FY 2018

Supplementary notes

Offtake agreements are legally binding agreements related to transactions between buyers and sellers. Banks give credit off-takes to help businesses acquire financing for future projects through the promise of future income and proof of an existing market.

India's fiscal year starts in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

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Statistics on "Banking industry in India"

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