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
17 May 2013
14.6%
3 May 2013
15.0%
19 Apr 2013
14.5%
5 Apr 2013
13.9%
22 Mar 2013
14.1%
8 Mar 2013
15.4%
22 Feb 2013
16.3%
8 Feb 2013
16.4%
25 Jan 2013
16.0%
11 Jan 2013
16.3%
28 Dec 2012
15.1%
14 Dec 2012
16.3%
30 Nov 2012
17.0%
16 Nov 2012
16.9%
2 Nov 2012
16.2%
19 Oct 2012
16.0%
5 Oct 2012
15.9%
21 Sep 2012
16.4%
7 Sep 2012
16.6%
24 Aug 2012
16.7%

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.