Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for India
CRDQINANUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164,643.24
Year-over-Year Change
39.95%
Date Range
4/1/2007 - 10/1/2024
Summary
The 'Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for India' trend measures the total credit extended to non-financial companies in India. This indicator is closely watched by economists and policymakers to gauge corporate financing conditions and overall economic activity.
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 series tracks the total credit provided to Indian non-financial corporations, without adjustments for statistical breaks. It serves as a proxy for the overall level of financing available to the private sector, which is a key driver of economic growth and investment.
Methodology
The data is collected and compiled by the Reserve Bank of India.
Historical Context
This credit metric is used by analysts to assess the health of India's corporate sector and broader macroeconomic conditions.
Key Facts
- Credit to Indian non-financial firms was 110.7 trillion rupees as of Q4 2021.
- Total corporate credit has grown by an average of 7% annually over the past decade.
- Credit access is a key driver of investment and production for Indian businesses.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total volume of credit extended to non-financial corporations in India, providing insight into corporate financing conditions.
Q: Why is this trend relevant for users or analysts?
A: The level of credit to non-financial firms is a crucial barometer of economic activity, investment, and the overall health of the Indian corporate sector.
Q: How is this data collected or calculated?
A: The data is compiled by the Reserve Bank of India based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess financing conditions and make decisions around monetary policy, regulatory oversight, and programs to support business investment.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Reserve Bank of India, with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for India (CRDQINANUBIS), retrieved from FRED.