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
23 Aug 2013
17.1%
9 Aug 2013
16.6%
26 Jul 2013
14.9%
12 Jul 2013
14.2%
28 Jun 2013
13.7%
14 Jun 2013
13.7%
31 May 2013
14.1%
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%

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.