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
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%
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%

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.