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
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%
28 Nov 2014
11.3%
14 Nov 2014
11.0%
31 Oct 2014
11.2%
17 Oct 2014
11.1%
3 Oct 2014
11.0%
19 Sep 2014
9.7%
5 Sep 2014
9.7%
22 Aug 2014
10.9%
8 Aug 2014
11.6%
25 Jul 2014
13.3%
11 Jul 2014
13.7%
27 Jun 2014
13.3%
13 Jun 2014
13.9%

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.