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
22 Dec 2017
10.7%
8 Dec 2017
9.8%
24 Nov 2017
9.6%
10 Nov 2017
8.6%
27 Oct 2017
7.2%
13 Oct 2017
7.7%
29 Sep 2017
6.9%
15 Sep 2017
6.8%
1 Sep 2017
6.5%
18 Aug 2017
6.3%
4 Aug 2017
6.3%
21 Jul 2017
6.2%
7 Jul 2017
6.1%
23 Jun 2017
6.0%
9 Jun 2017
6.0%
26 May 2017
5.1%
12 May 2017
5.6%
28 Apr 2017
4.3%
14 Apr 2017
5.5%
31 Mar 2017
5.1%

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.