India Bank Loan Growth y/y

Country: India, INR
Importance:
Low
Sector: Money
Last release
Actual
17.7%
Forecast
16.0%
Previous
16.2%
Next release
Actual
Coming in 6 days
Forecast
16.7%
Previous
17.7%
Date (GMT)
Reference
Actual
Forecast
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%
6 Mar 2015
10.2%
20 Feb 2015
10.4%
6 Feb 2015
10.4%
23 Jan 2015
10.7%
9 Jan 2015
10.7%
26 Dec 2014
10.5%
12 Dec 2014
10.9%

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.