India Bank Loan Growth y/y

Country: India, INR
Importance:
Low
Sector: Money
Last release
Actual
17.7%
Forecast
18.5%
Previous
18.6%
Next release
Actual
Coming in 3 days
Forecast
18.2%
Previous
17.7%
Date (GMT)
Reference
Actual
Forecast
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%
16 Sep 2016
9.3%
2 Sep 2016
9.8%
19 Aug 2016
9.6%
5 Aug 2016
9.8%

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.