Household finances

What households spend, save, borrow and insure, and what they send abroad. Insurance covers both life business and published cumulative non-life premiums.

Household spending

Full series: Household consumption · Household consumption distribution

Food took 47% of rural spending and 39.7% of urban spending in 2023-24

Average monthly per-capita consumption was ₹4,122 ($42.8) in rural India and ₹6,996 ($72.6) in urban India.

Food share of rural household consumption

Rural consumption spent on food47.0%

2023-24

What households spend on

Category	Rural share	Urban share
Cereals	5%	3.8%
Pulses	2%	1.4%
Sugar and salt	0.9%	0.6%
Milk and milk products	8.4%	7.2%
Vegetables	6%	4.1%
Fruits	3.9%	3.9%
Egg, fish and meat	4.9%	3.6%
Edible oil	2.8%	1.8%
Spices	3.3%	2.3%
Beverages and processed food	9.8%	11.1%
Pan, tobacco and intoxicants	3.8%	2.4%
Fuel and light	6.1%	5.6%
Education	3.2%	6%
Medical	6.8%	5.9%
Conveyance	7.6%	8.5%
Consumer services	5.3%	5.7%
Miscellaneous goods and entertainment	6.2%	6.9%
Rent	0.6%	6.6%
Taxes and cesses	0.2%	0.3%
Clothing and footwear	6.6%	5.7%
Durable goods	6.5%	6.9%

Source: Ministry of Statistics and Programme Implementation, India Dispatch Research

Urban households spent 70% more per person than rural households in 2023-24

The gap was 84% in 2011-12. These are nominal monthly figures, so their growth over time is not a measure of inflation-adjusted living standards.

Monthly consumption per person in rural India

Monthly consumption per person₹4,122$42.8

2023-24

Axis in INR. Paired USD values use the site’s dated reference rate.

Monthly consumption per person in rural India, observations in the selected range
Period	Indian rupees	US dollar equivalent at the site’s dated reference rate
2011-12	₹1,430	$14.8
2022-23	₹3,773	$39.2
2023-24	₹4,122	$42.8

Top 10% share of consumption20.7%24.6% in 2011-12

Rural India

Highest-spending 5%₹1,088$11.3 per person each month

2023-24

Durable goods spending from the lowest-spending to highest-spending households in rural India, 2023-24, observations in the selected range
Period	Indian rupees	US dollar equivalent at the site’s dated reference rate
0-5%	₹60	$0.618
5-10%	₹88	$0.909
10-20%	₹113	$1.17
20-30%	₹140	$1.45
30-40%	₹164	$1.7
40-50%	₹190	$1.97
50-60%	₹222	$2.31
60-70%	₹253	$2.63
70-80%	₹309	$3.21
80-90%	₹394	$4.09
90-95%	₹535	$5.55
95-100%	₹1,088	$11.3

Fastest growth among major statesTamil Nadu10.7% a year, nominal

2011-12 to 2023-24

Source: Ministry of Statistics and Programme Implementation, India Dispatch Research

Savings

Full series: Household financial savings

Households added ₹19.94 trillion (≈ ₹19.94 lakh crore) ($207 billion) in net financial savings in 2024-25

Net savings are financial assets acquired less new financial liabilities. Quarterly flows can be negative for individual instruments even when the annual total is positive.

Quarterly net household financial savings

Net savings₹6.74 trillion$70 billion

March 2025

Quarterly net household financial savings, observations in the selected range
Period	Value in Indian rupees	US dollar equivalent at the site’s dated reference rate
June 2022	₹2.88 trillion	$29.9 billion
September 2022	₹2.97 trillion	$30.9 billion
December 2022	₹2.94 trillion	$30.5 billion
March 2023	₹4.52 trillion	$46.9 billion
June 2023	₹3.5 trillion	$36.3 billion
September 2023	₹2.84 trillion	$29.5 billion
December 2023	₹2.94 trillion	$30.6 billion
March 2024	₹6.67 trillion	$69.2 billion
June 2024	₹5.52 trillion	$57.3 billion
September 2024	₹4.97 trillion	$51.6 billion
December 2024	₹2.71 trillion	$28.1 billion
March 2025	₹6.74 trillion	$70 billion

Source: Reserve Bank of India, India Dispatch Research

Consumer confidence

Full series: Consumer confidence

Urban and rural confidence both weakened in July 2026

The RBI’s current-situation index fell to 88.3 in cities and 91.7 in rural and semi-urban India. A reading below 100 means pessimistic responses outnumber optimistic ones.

Urban consumer confidence current-situation index

Urban current-situation index88.3

July 2026

Urban consumer confidence current-situation index, observations in the selected range
Period	Index
March 2015	108.6
June 2015	107.7
September 2015	102.9
December 2015	102.9
March 2016	104.1
June 2016	105
September 2016	104.2
November 2016	108.7
December 2016	102
March 2017	98.7
May 2017	100
June 2017	96.8
September 2017	96.4
November 2017	92
December 2017	97.7
March 2018	95.6
May 2018	94.2
June 2018	98.3
September 2018	94.8
November 2018	93.9
December 2018	96.7
March 2019	104.6
May 2019	97.3
July 2019	95.7
September 2019	89.4
November 2019	85.7
January 2020	83.7
March 2020	85.6
May 2020	63.7
July 2020	53.8
September 2020	49.9
November 2020	52.3
January 2021	55.5
March 2021	54.9
May 2021	49.8
July 2021	49.5
September 2021	58.7
November 2021	63.4
January 2022	64.4
March 2022	71.7
May 2022	75.9
July 2022	77.3
September 2022	80.6
November 2022	83.5
January 2023	84.8
March 2023	87
May 2023	88.5
July 2023	88.1
September 2023	92.2
November 2023	92.2
January 2024	95.1
March 2024	98.5
May 2024	97.1
July 2024	93.9
September 2024	94.7
November 2024	94
January 2025	93.7
March 2025	95.5
May 2025	95.4
July 2025	96.5
September 2025	96.9
November 2025	98.4
January 2026	98.1
March 2026	95.7
May 2026	90.7
July 2026	88.3

Urban, latest round −2.4 pointsRural, latest round −3.5 points

Source: Reserve Bank of India, India Dispatch Research

Consumer borrowing

Full series: Consumer credit conditions · Retail credit balances

The consumer credit index rose 7 points in a year to 104 in March 2026

The Credit Market Indicator combines demand, supply, consumer behaviour and repayment performance. A higher reading indicates stronger conditions.

Credit Market Indicator104

March 2026

One year +7 pointsOriginations, one year +40%

Source: TransUnion CIBIL, India Dispatch Research

Retail credit reached ₹170.2 trillion (≈ ₹170.2 lakh crore) ($1.77 trillion) in March 2026

The total comprises ₹118.6 trillion (≈ ₹118.6 lakh crore) in consumption loans and ₹51.6 trillion (≈ ₹51.6 lakh crore) in sole-proprietor loans. Every product row below is a subset of this wider bureau-defined portfolio.

Outstanding balances

₹ and USD

All retail loans₹170.2 trillion (≈ ₹170.2 lakh crore)$1.77 trillion

+4.6% quarter on quarter+16.6% year on year

Consumption loans₹118.6 trillion (≈ ₹118.6 lakh crore)$1.23 trillion

+4.5% quarter on quarter+15.3% year on year

Gold loans₹18.6 trillion (≈ ₹18.6 lakh crore)$193 billion

+15% quarter on quarter+50.4% year on year

Home loans₹44.4 trillion (≈ ₹44.4 lakh crore)$461 billion

+3.4% quarter on quarter+9.4% year on year

Personal loans₹16.5 trillion (≈ ₹16.5 lakh crore)$171 billion

+3.7% quarter on quarter+12.9% year on year

Source: CRIF High Mark, India Dispatch Research

Banks and credit supply

Full series: Private-sector credit to GDP · Bank lending by sector · Non-bank credit · Bank balance sheets

Private-sector credit reached 105.1% of in India, against 139.7% in the US in the first quarter of 2026

The Bank for International Settlements measures credit to businesses and households from banks and other lenders. The comparison is adjusted for breaks and uses the same definition for both countries.

Terms in this reading

GDP: Gross domestic product, the value of goods and services produced within the economy. Constant-price GDP measures output using a fixed price base. Current-price GDP includes price changes. Definition and conventions

Private-sector credit from all lenders in India

India, all lenders105.1%

first quarter of 2026

Private-sector credit from all lenders in India, observations in the selected range
Period	Percent
first quarter of 2000	59.4%
second quarter of 2000	60.6%
third quarter of 2000	60.4%
fourth quarter of 2000	62.5%
first quarter of 2001	63.4%
second quarter of 2001	62.9%
third quarter of 2001	63.0%
fourth quarter of 2001	64.1%
first quarter of 2002	66.0%
second quarter of 2002	69.5%
third quarter of 2002	69.3%
fourth quarter of 2002	70.6%
first quarter of 2003	72.3%
second quarter of 2003	71.2%
third quarter of 2003	69.7%
fourth quarter of 2003	70.8%
first quarter of 2004	73.6%
second quarter of 2004	73.3%
third quarter of 2004	73.8%
fourth quarter of 2004	78.2%
first quarter of 2005	80.6%
second quarter of 2005	81.5%
third quarter of 2005	86.3%
fourth quarter of 2005	87.5%
first quarter of 2006	95.0%
second quarter of 2006	93.6%
third quarter of 2006	97.0%
fourth quarter of 2006	97.2%
first quarter of 2007	103.1%
second quarter of 2007	98.5%
third quarter of 2007	100.9%
fourth quarter of 2007	102.1%
first quarter of 2008	108.8%
second quarter of 2008	106.3%
third quarter of 2008	108.5%
fourth quarter of 2008	109.2%
first quarter of 2009	113.2%
second quarter of 2009	109.8%
third quarter of 2009	111.4%
fourth quarter of 2009	109.4%
first quarter of 2010	113.1%
second quarter of 2010	110.9%
third quarter of 2010	110.2%
fourth quarter of 2010	114.8%
first quarter of 2011	114.4%
second quarter of 2011	112.1%
third quarter of 2011	111.2%
fourth quarter of 2011	114.2%
first quarter of 2012	114.2%
second quarter of 2012	111.3%
third quarter of 2012	112.9%
fourth quarter of 2012	114.8%
first quarter of 2013	111.5%
second quarter of 2013	109.3%
third quarter of 2013	106.7%
fourth quarter of 2013	104.7%
first quarter of 2014	104.9%
second quarter of 2014	103.8%
third quarter of 2014	105.0%
fourth quarter of 2014	107.1%
first quarter of 2015	105.5%
second quarter of 2015	102.9%
third quarter of 2015	103.7%
fourth quarter of 2015	103.7%
first quarter of 2016	99.3%
second quarter of 2016	98.2%
third quarter of 2016	92.3%
fourth quarter of 2016	93.9%
first quarter of 2017	93.2%
second quarter of 2017	98.7%
third quarter of 2017	101.0%
fourth quarter of 2017	107.5%
first quarter of 2018	102.8%
second quarter of 2018	101.3%
third quarter of 2018	99.3%
fourth quarter of 2018	99.2%
first quarter of 2019	95.7%
second quarter of 2019	93.5%
third quarter of 2019	92.7%
fourth quarter of 2019	93.7%
first quarter of 2020	91.5%
second quarter of 2020	97.3%
third quarter of 2020	100.5%
fourth quarter of 2020	103.1%
first quarter of 2021	100.1%
second quarter of 2021	95.6%
third quarter of 2021	93.6%
fourth quarter of 2021	96.5%
first quarter of 2022	95.4%
second quarter of 2022	93.2%
third quarter of 2022	93.8%
fourth quarter of 2022	92.6%
first quarter of 2023	93.2%
second quarter of 2023	91.6%
third quarter of 2023	93.4%
fourth quarter of 2023	93.8%
first quarter of 2024	94.4%
second quarter of 2024	94.5%
third quarter of 2024	93.9%
fourth quarter of 2024	95.3%
first quarter of 2025	96.0%
second quarter of 2025	97.3%
third quarter of 2025	97.4%
fourth quarter of 2025	102.2%
first quarter of 2026	105.1%

India, all lenders 105.1%India, banks 64.2%US, all lenders 139.7%

Source: Bank for International Settlements, India Dispatch Research

Non-food bank credit grew 18.3%, against 9.3% a year earlier in June 2026

Non-food bank credit is the RBI’s headline lending measure excluding food-procurement credit. The table separates household borrowing from credit to agriculture, industry and services.

Non-food bank credit growth18.3%

June 2026

Credit growth by sector

Sector	Now	A year earlier	Change
Non-food credit	18.3%	9.3%	+9 points
Agriculture	16.8%	6.8%	+10 points
Industry	19.2%	6.3%	+12.9 points
Services	21.4%	8.8%	+12.6 points
Personal loans	15.8%	11.7%	+4.1 points

Source: Reserve Bank of India, India Dispatch Research

Gold-backed loans grew 68.5%, the fastest pace in non-bank credit in July 2026

Non-bank financial companies, or , reported ₹59.89 trillion (≈ ₹59.89 lakh crore) ($622 billion) in total credit. Loans against gold accounted for ₹3.54 trillion (≈ ₹3.54 lakh crore) ($36.8 billion).

Annual credit growth by sector

01Loans against gold+68.5%

02Consumer durables+51.5%

03Retail loans+21.4%

04Agriculture+18%

05Services+15.2%

06Vehicle loans+15.1%

07Housing loans+11.9%

08Industry+7.4%

Credit outstanding

Sector	Outstanding	One year
Agriculture	₹802.71 billion (≈ ₹80,271 crore)$8.33 billion	+18%
Industry	₹22.13 trillion (≈ ₹22.13 lakh crore)$230 billion	+7.4%
Services	₹7.69 trillion (≈ ₹7.69 lakh crore)$79.8 billion	+15.2%
Retail loans	₹26.06 trillion (≈ ₹26.06 lakh crore)$271 billion	+21.4%
Housing loans	₹8.55 trillion (≈ ₹8.55 lakh crore)$88.7 billion	+11.9%
Vehicle loans	₹6.29 trillion (≈ ₹6.29 lakh crore)$65.3 billion	+15.1%
Loans against gold	₹3.54 trillion (≈ ₹3.54 lakh crore)$36.8 billion	+68.5%
Consumer durables	₹746.44 billion (≈ ₹74,644 crore)$7.75 billion	+51.5%

Source: Reserve Bank of India, India Dispatch Research

Bank credit is growing 18.1% year on year

Credit growth, the credit-deposit ratio and banks’ government-security holdings come from the same RBI balance-sheet release.

Bank creditYear-on-year growth

18.1%

Bank balance sheetsCredit-deposit ratio and government bonds

Percent · ₹ and USD

Credit-deposit ratioG-sec investments

Source: Reserve Bank of India, India Dispatch Research

Insurance

Full series: Life-insurance new business · Insurance penetration and coverage · Non-life insurance premiums

Life insurers wrote 2.08 million new policies in August 2026

First-year premium was ₹411.98 billion (≈ ₹41,198 crore) ($4.28 billion). It counts only policies written during the month.

First-year premium₹411.98 billion$4.28 billion

August 2026

Monthly first-year life insurance premium, observations in the selected range
Period	Value in Indian rupees	US dollar equivalent at the site’s dated reference rate
August 2025	₹309.59 billion	$3.21 billion
September 2025	₹402.07 billion	$4.17 billion
October 2025	₹340.07 billion	$3.53 billion
November 2025	₹311.2 billion	$3.23 billion
December 2025	₹421.51 billion	$4.38 billion
January 2026	₹374.78 billion	$3.89 billion
February 2026	₹354.17 billion	$3.68 billion
March 2026	₹758.72 billion	$7.88 billion
April 2026	₹305.5 billion	$3.17 billion
May 2026	₹320.31 billion	$3.33 billion
June 2026	₹464.91 billion	$4.83 billion
July 2026	₹470.05 billion	$4.88 billion
August 2026	₹411.98 billion	$4.28 billion

One month −12.4%One year +33.1%

Policies written2.08 million

August 2026

Monthly life insurance policies written, observations in the selected range
Period	Count
August 2025	2.15 million
September 2025	2.21 million
October 2025	1.95 million
November 2025	2.21 million
December 2025	2.88 million
January 2026	2.78 million
February 2026	2.39 million
March 2026	4.67 million
April 2026	1.29 million
May 2026	1.67 million
June 2026	2.15 million
July 2026	2.3 million
August 2026	2.08 million

One month −9.7%One year −3.3%

Largest life insurers by new premium

Insurer	Premium	One year	Policies
LIC of India	₹232.75 billion (≈ ₹23,275 crore)$2.42 billion	+45.3%	1.27 million
HDFC Life	₹36.09 billion (≈ ₹3,609 crore)$375 million	+17.8%	102,984
SBI Life	₹34.15 billion (≈ ₹3,415 crore)$355 million	+2.8%	173,191
Bajaj Life	₹19.54 billion (≈ ₹1,954 crore)$203 million	+31.6%	62,335
ICICI Prudential Life	₹19.53 billion (≈ ₹1,953 crore)$203 million	+9.9%	65,619
Aditya Birla Sun Life	₹13.13 billion (≈ ₹1,313 crore)$136 million	+137.9%	33,763
Axis Max Life	₹12.36 billion (≈ ₹1,236 crore)$128 million	+8.1%	87,740
Tata AIA Life	₹10.96 billion (≈ ₹1,096 crore)$114 million	+33.2%	95,093
Kotak Mahindra Life	₹7.37 billion (≈ ₹737 crore)$76.5 million	+16.1%	21,668
PNB MetLife India	₹7.24 billion (≈ ₹724 crore)$75.1 million	+55.5%	17,532

Source: Insurance Regulatory and Development Authority of India, India Dispatch Research

Life insurance premiums equalled 2.7% of India’s economy in 2024-25

Life insurers collected ₹8.86 trillion (≈ ₹8.86 lakh crore) ($92 billion) during the year. New business and premiums on existing policies are kept separate.

Annual life-insurance premium

Total life-insurance premium₹8.86 trillion$92 billion

2024-25

Axis in INR. Paired USD values use the site’s dated reference rate.

Annual life-insurance premium, observations in the selected range
Period	Value in Indian rupees	US dollar equivalent at the site’s dated reference rate
2014-15	₹3.28 trillion	$34.1 billion
2015-16	₹3.67 trillion	$38.1 billion
2016-17	₹4.18 trillion	$43.4 billion
2017-18	₹4.59 trillion	$47.6 billion
2018-19	₹5.08 trillion	$52.8 billion
2019-20	₹5.73 trillion	$59.5 billion
2020-21	₹6.29 trillion	$65.3 billion
2021-22	₹6.93 trillion	$71.9 billion
2022-23	₹7.83 trillion	$81.2 billion
2023-24	₹8.3 trillion	$86.2 billion
2024-25	₹8.86 trillion	$92 billion

Life premiums / GDP 2.7%Life premium / person $72Non-life premiums ₹3.12 trillion

People covered by health insurance

All coverage580.65 million

2024-25

People covered by health insurance, observations in the selected range
Period	Count
2015-16	358.96 million
2016-17	437.46 million
2017-18	481.99 million
2018-19	472.04 million
2019-20	498.71 million
2020-21	514.75 million
2021-22	520.42 million
2022-23	550.04 million
2023-24	572.87 million
2024-25	580.65 million

Retail policies 60.15 millionAll coverage 580.65 million

Insurance across markets2024

Premiums / GDP and per person

India

Life / GDP: 2.7%
Life / person: $72
Non-life / GDP: 1%
Non-life / person: $25

US

Life / GDP: 2.7%
Life / person: $2,300
Non-life / GDP: 9.4%
Non-life / person: $8,000

China

Life / GDP: 2.4%
Life / person: $313
Non-life / GDP: 1.9%
Non-life / person: $245

World

Life / GDP: 3%
Life / person: $388
Non-life / GDP: 4.3%
Non-life / person: $555

Source: Insurance Regulatory and Development Authority of India, India Dispatch Research

Non-life insurance premiums

Data through April through August 2026 · financial year to date

Non-life insurance premiums totalled ₹1.47 trillion

Cumulative premiums, not monthly flows. Differences between published totals may include revisions.

Non-life premiums at published cumulative cutoffs

INR crore

March 2026, FY 2025-26March 2026
₹3.36 trillion$34.9 billion
April 2026, FY 2026-27April 2026
₹364.18 billion$3.78 billion
May 2026, FY 2026-27May 2026
₹606.12 billion$6.29 billion
June 2026, FY 2026-27June 2026
₹879.18 billion$9.13 billion
July 2026, FY 2026-27July 2026
₹1.19 trillion$12.4 billion
August 2026, FY 2026-27August 2026
₹1.47 trillion$15.2 billion

August 2026

Provisional, unaudited financial-year-to-date premiums. The financial year resets in April. Differences between cumulative publications may contain revisions and are not publisher-reported monthly premiums.

FX as of 2 October 2026: ₹96.32 per US dollar.

Source: General Insurance Council

Chart notes

Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.

Read every observation in the full data tables

Cumulative non-life premiums by segment

INR crore

Showing 6 of 9 observations, including the smallest and largest reported values. Full series and every observation

Fire
₹112.74 billion$1.17 billion
Motor Total
₹448.85 billion$4.66 billion
Health
₹646.47 billion$6.71 billion
Aviation
₹5 billion$51.9 million
P.A.
₹62.36 billion$647 million
All Other Misc (Crop Insurance + Credit Guarantee+All Other Misc)
₹93.79 billion$974 million

August 2026

Financial-year-to-date segment premiums at the latest published cutoff. Segment totals retain the publisher’s grouping.

FX as of 2 October 2026: ₹96.32 per US dollar.

Source: General Insurance Council

Chart notes

Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.

Read every observation in the full data tables

Published cumulative totals. Last 6 published rows. Read the complete table.
Month through	Financial year	Premiums
March 2026	FY 2025-26	₹3.36 trillion (≈ ₹3.36 lakh crore) · $34.9 billion
April 2026	FY 2026-27	₹364.18 billion (≈ ₹36,418 crore) · $3.78 billion
May 2026	FY 2026-27	₹606.12 billion (≈ ₹60,612 crore) · $6.29 billion
June 2026	FY 2026-27	₹879.18 billion (≈ ₹87,918 crore) · $9.13 billion
July 2026	FY 2026-27	₹1.19 trillion (≈ ₹1.19 lakh crore) · $12.4 billion
August 2026	FY 2026-27	₹1.47 trillion (≈ ₹1.47 lakh crore) · $15.2 billion

Source notes

Only published observations are shown. Missing periods are not zero and have not been interpolated.

Initial coverage begins with at most the twelve latest available monthly releases. Older internally inconsistent workbooks are explicitly marked as source gaps, not filled or zeroed. The latest two releases must pass the complete source contract. Original provisional, unaudited cumulative totals and later source vintages are retained. Changes between releases may include revisions and are not reported monthly premiums.

Public statistical facts compiled under the owner's editorial reuse decision. This is not a publisher licence and does not license source documents or branding.

The total is financial-year-to-date. Changes between published cumulative totals may contain revisions and are not silently labelled monthly premiums.

Motor own-damage and third-party premiums, and retail, group and government-scheme health premiums, are separately labelled.

January 2026 source gap: GIC all-segment total: source components do not reconcile. No incomplete replacement is included. The excluded-source table links to the official workbook.

February 2026 source gap: GIC segment tables have different source periods. No incomplete replacement is included. The excluded-source table links to the official workbook.

Converted dollar or rupee equivalents use $1 = ₹96.32 on 2 October 2026, not historical exchange rates.

Publication cadence: Monthly, financial year to date.

Full history, published components and source notes · Download CSV

Source: General Insurance Council, India Dispatch Research

Money sent abroad

Full series: Outward remittances

Indians sent $2.58 billion abroad in July 2026

The lets resident individuals send up to $250,000 abroad in a financial year for permitted transactions.

Outward remittances$2.58 billion

July 2026

One month +1.2%One year +5.3%

Where outward remittances went

Purpose	Value	One month	One year
Travel	$1.46 billion	+7%	+1.2%
Investments	$345 million	−24.6%	+120.6%
Family maintenance	$283 million	−1.2%	−4.9%
Gifts	$231 million	+9.4%	+3.5%
Studies abroad	$149 million	+53.5%	−35.2%
Property	$50.9 million	+2.4%	+28.8%
Deposits	$46.7 million	−34%	+0.9%
Medical treatment	$3.93 million	+21.7%	−37.2%

Source: Reserve Bank of India, India Dispatch Research

Housing

Full series: Mumbai property registrations · Home-price index · Home loans

Property registrations

Mumbai registered 53,925 property sales and sale agreements from April through July 2026

The current financial-year total runs through July 2026 and is kept separate from completed years. 2025-26 closed with 150,707 registrations and ₹139.9 billion (≈ ₹13,990 crore) ($1.45 billion) in stamp duty.

Mumbai Article 25 property registrations

Completed-year registrations150,707

2025-26

Source: Maharashtra Department of Registration and Stamps, India Dispatch Research

Home prices

Home prices rose 4.2% in the year to the fourth quarter of 2025-26

The Reserve Bank of India’s all-India index covers 18 cities. Growth was 0.2% from the previous quarter and 3.8% in the same quarter a year earlier.

House-price index

index

Latest shown observation: Financial year 2025 to 2026, Q4115.9

Financial year 2025 to 2026, Q2Financial year 2025 to 2026, Q4

Financial year 2025 to 2026, Q2 to Financial year 2025 to 2026, Q4

Base 2022-23. Fiscal quarters are positioned at their actual quarter ends. The source covers 18 cities.

Source: Reserve Bank of India

Chart notes

Each dot is a reported observation. Their spacing follows the source observation periods. No line or interpolated values join observations. Missing observations are not zero.

Read every observation in the full data tables

House Price Index115.9Base year 2022-23 = 100

Quarter on quarter+0.2%Quarter 4, 2025-26

Year on year+4.2%3.8% a year earlier

Source: Reserve Bank of India, India Dispatch Research

Housing credit

Home-loan balances reached ₹44.4 trillion (≈ ₹44.4 lakh crore) ($461 billion) in March 2026

Balances grew 9.4% from a year earlier and 3.4% from the previous quarter.

Reported retail-credit balances

INR

Home
₹44,400,000,000,000$461 billion

March 2026

CRIF’s retail, consumption and product cohorts overlap. Bars are not additive components, and balances are not monthly lending flows. Only one retained observation is available. This is a snapshot, not a trend.

FX as of 2 October 2026: ₹96.32 per US dollar.

Source: CRIF High Mark

Chart notes

One reported observation is shown. This is a snapshot, not a time trend. Missing observations are not zero.

Read every observation in the full data tables

Reported home-loan balance growth

percent

Year on year
9.4%
Quarter on quarter
3.4%

March 2026

Year-on-year and quarter-on-quarter growth use different comparison periods.

Source: CRIF High Mark

Chart notes

Growth rates compare the same reported home-loan cohort over different reference intervals. They do not supply a monthly balance history.

Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.

Read every observation in the full data tables

Home loans outstanding₹44.4 trillion (≈ ₹44.4 lakh crore)$461 billion

Quarter on quarter +3.4%Year on year +9.4%

Source: CRIF High Mark, India Dispatch Research

Period	Percent
1999-00	59.4%
2004-05	53.1%
2009-10	57.0%
2011-12	52.9%
2022-23	46.4%
2023-24	47.0%

Period	Percent
December 2025	14.4%
January 2026	14.4%
February 2026	14.3%
March 2026	15.9%
April 2026	15.8%
May 2026	17.4%
June 2026	18.3%

Period	US dollars
July 2025	$2.45 billion
May 2026	$2.4 billion
June 2026	$2.55 billion
July 2026	$2.58 billion

Period	Count
2021-22	97,394
2022-23	78,909
2023-24	133,563
2024-25	143,844
2025-26	150,707

Find a number about the Indian economy

Food took 47% of rural spending and 39.7% of urban spending in 2023-24

Food share of rural household consumption

What households spend on

Urban households spent 70% more per person than rural households in 2023-24

Monthly consumption per person in rural India

Households added ₹19.94 trillion (≈ ₹19.94 lakh crore) ($207 billion) in net financial savings in 2024-25

Quarterly net household financial savings

Urban and rural confidence both weakened in July 2026

Urban consumer confidence current-situation index

The consumer credit index rose 7 points in a year to 104 in March 2026

Retail credit reached ₹170.2 trillion (≈ ₹170.2 lakh crore) ($1.77 trillion) in March 2026

Private-sector credit reached 105.1% of GDP in India, against 139.7% in the US in the first quarter of 2026

Private-sector credit from all lenders in India

Non-food bank credit grew 18.3%, against 9.3% a year earlier in June 2026

Credit growth by sector

Gold-backed loans grew 68.5%, the fastest pace in non-bank credit in July 2026

Annual credit growth by sector

Credit outstanding

Bank credit is growing 18.1% year on year

Life insurers wrote 2.08 million new policies in August 2026

Largest life insurers by new premium

Life insurance premiums equalled 2.7% of India’s economy in 2024-25

Annual life-insurance premium

People covered by health insurance

India

US

China

World

Non-life insurance premiums totalled ₹1.47 trillion

Indians sent $2.58 billion abroad in July 2026

Where outward remittances went

Mumbai registered 53,925 property sales and sale agreements from April through July 2026

Mumbai Article 25 property registrations

Home prices rose 4.2% in the year to the fourth quarter of 2025-26

Home-loan balances reached ₹44.4 trillion (≈ ₹44.4 lakh crore) ($461 billion) in March 2026

Private-sector credit reached 105.1% of in India, against 139.7% in the US in the first quarter of 2026