Bank net interest margin (%) in India
India: Bank net interest margin (%) was 3.2% in 2021. ▼ Falling
Bank net interest margin in India, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
India recorded 3.2% for bank net interest margin in 2021.
The figure is down 8.0% on the previous year and down 5.0% over ten years.
Over the whole period, bank net interest margin in India peaked at 3.7% in 2004 and was at its lowest, 2.7%, in 2009.
India ranks 78th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Bank net interest margin (%) in India, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.3% | — |
| 2001 | 3.4% | +2.9% |
| 2002 | 3.0% | -9.3% |
| 2003 | 3.3% | +9.7% |
| 2004 | 3.7% | +11.3% |
| 2005 | 3.5% | -5.2% |
| 2006 | 3.4% | -4.2% |
| 2007 | 3.3% | -1.2% |
| 2008 | 3.1% | -5.8% |
| 2009 | 2.7% | -13.1% |
| 2010 | 3.1% | +13.0% |
| 2011 | 3.3% | +8.6% |
| 2012 | 3.1% | -8.4% |
| 2013 | 3.0% | -1.9% |
| 2014 | 2.9% | -5.3% |
| 2015 | 2.8% | -2.6% |
| 2016 | 2.8% | +1.0% |
| 2017 | 2.9% | +2.5% |
| 2018 | 2.9% | +1.7% |
| 2019 | 3.0% | +1.3% |
| 2020 | 3.5% | +16.8% |
| 2021 | 3.2% | -8.0% |
India compared with similar countries
- India's 3.2% is below the median for lower middle income countries, which is 3.8%, 83% of the median. (38 countries reporting)
- India's 3.2% is above the median for South Asia, which is 3.2%, 1.0× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.3% | 2.7% | 3.7% | 10 |
| 2010s | 3.0% | 2.8% | 3.3% | 10 |
| 2020s | 3.3% | 3.2% | 3.5% | 2 |
Countries ranked near India
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is bank net interest margin in India?
- Bank net interest margin in India was 3.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in India?
- The highest recorded value was 3.7% in 2004.
- What is the lowest bank net interest margin recorded in India?
- The lowest recorded value was 2.7% in 2009.
- How does India rank for bank net interest margin?
- India ranks 78th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in India?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.