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
22 Jul 2016
9.7%
8 Jul 2016
9.8%
24 Jun 2016
9.4%
10 Jun 2016
8.7%
27 May 2016
9.8%
13 May 2016
9.8%
29 Apr 2016
9.2%
15 Apr 2016
10.4%
1 Apr 2016
10.7%
18 Mar 2016
11.3%
4 Mar 2016
11.5%
19 Feb 2016
11.6%
5 Feb 2016
11.5%
22 Jan 2016
11.4%
8 Jan 2016
11.3%
25 Dec 2015
11.1%
11 Dec 2015
11.0%
27 Nov 2015
9.8%
13 Nov 2015
9.7%
30 Oct 2015
9.0%

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.