India Bank Loan Growth y/y

Country: India, INR
Importance: Low
Sector: Money
Last release
Actual
19.1%
Forecast
19.4%
Previous
18.3%
Next release
Actual
Coming in 11 days
Forecast
19.7%
Previous
19.1%
Date (GMT)
Reference
Actual
Forecast
4 Jan 2019
14.5%
21 Dec 2018
15.1%
7 Dec 2018
15.1%
23 Nov 2018
15.1%
9 Nov 2018
14.9%
26 Oct 2018
14.6%
12 Oct 2018
14.4%
28 Sep 2018
12.5%
14 Sep 2018
13.5%
31 Aug 2018
13.5%
17 Aug 2018
12.9%
3 Aug 2018
12.7%
20 Jul 2018
12.4%
6 Jul 2018
12.8%
22 Jun 2018
12.8%
8 Jun 2018
12.7%
25 May 2018
13.1%
11 May 2018
12.6%
27 Apr 2018
12.6%
13 Apr 2018
11.5%

Bank Loan Growth y/y is a quarterly indicator measuring changes in outstanding loans issued to Indian consumers and companies. The index measures year-over-year changes. The index growth indicates an increase in consumer spending which, in turn, suggests potential inflation growth and a higher activity in the financial and credit sector of the national economy. This is seen as a favorable factor for the INR.