India Bank Loan Growth y/y

Country: India, INR
Importance:
Low
Sector: Money
Last release
Actual
17.7%
Forecast
16.0%
Previous
16.2%
Next release
Actual
Coming in 6 days
Forecast
16.7%
Previous
17.7%
Date (GMT)
Reference
Actual
Forecast
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%
30 Mar 2018
10.3%
16 Mar 2018
11.1%
2 Mar 2018
11.5%
16 Feb 2018
10.7%
2 Feb 2018
11.0%
19 Jan 2018
10.6%
5 Jan 2018
11.1%

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.