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
11 Dec 2015
11.0%
27 Nov 2015
9.8%
13 Nov 2015
9.7%
30 Oct 2015
9.0%
16 Oct 2015
9.5%
2 Oct 2015
9.5%
18 Sep 2015
9.6%
4 Sep 2015
9.6%
21 Aug 2015
9.5%
7 Aug 2015
9.4%
24 Jul 2015
9.4%
10 Jul 2015
9.4%
26 Jun 2015
9.3%
12 Jun 2015
9.8%
29 May 2015
9.8%
15 May 2015
10.2%
1 May 2015
10.5%
17 Apr 2015
9.8%
3 Apr 2015
12.6%
20 Mar 2015
9.5%

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.