Total Credit to Households and NPISHs, Adjusted for Breaks, for India
QINHAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.90
Year-over-Year Change
7.99%
Date Range
4/1/2007 - 10/1/2024
Summary
The 'Total Credit to Households and NPISHs, Adjusted for Breaks, for India' is a key economic indicator that measures the total outstanding credit extended to Indian households and non-profit institutions serving households (NPISHs).
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric provides insights into the overall household debt levels and credit market dynamics in India. It is a valuable data point for economists, policymakers, and financial analysts to assess household financial health, consumption patterns, and the effectiveness of monetary and credit policies.
Methodology
The data is collected and compiled by the Reserve Bank of India (RBI) based on reports from financial institutions.
Historical Context
Policymakers use this trend to monitor household leverage and guide decisions on interest rates, lending regulations, and other economic interventions.
Key Facts
- India's total household credit stood at $1.2 trillion as of 2021.
- Credit to households has grown at an average annual rate of 12% over the past decade.
- Mortgage loans account for the largest share of household credit in India.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding credit extended to Indian households and non-profit institutions serving households (NPISHs) by financial institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into household debt levels and credit market dynamics, which are crucial for assessing financial health, consumption patterns, and the effectiveness of economic policies.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Reserve Bank of India (RBI) based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to monitor household leverage and guide decisions on interest rates, lending regulations, and other economic interventions.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 quarters by the RBI.
Related Trends
Value of Exports to India from Minnesota
MNINDA052SCEN
Number of Listed Companies for India
DDOM01INA644NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for India
INDCP080000GYQ
Nominal Statistical Discrepancy for India
NSDGDPNSAXDCINQ
Value of Exports to India from Montana
MTINDA052SCEN
Production: Manufacturing: Total Manufacturing for India
PRMNTO01INA657S
Citation
U.S. Federal Reserve, Total Credit to Households and NPISHs, Adjusted for Breaks, for India (QINHAM770A), retrieved from FRED.