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
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%
17 Mar 2017
4.4%
3 Mar 2017
4.1%
17 Feb 2017
4.8%
3 Feb 2017
5.0%
20 Jan 2017
5.1%
6 Jan 2017
5.1%
23 Dec 2016
5.1%
9 Dec 2016
5.8%
25 Nov 2016
6.6%
11 Nov 2016
7.9%
28 Oct 2016
9.1%
14 Oct 2016
8.9%
30 Sep 2016
10.4%

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.