Interest rate on bank loans reached 10.0% in third quarter of 2015 in India, according to the National Central Bank. This is 0.826% less than in the previous quarter.
Historically, interest rate on bank loans in India reached an all time high of 20.0% in 4Q1991 and an all time low of 8.00% in 2Q2010.
India has been ranked 51st within the group of 100 countries we follow in terms of interest rate on bank loans.
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