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
21 Feb 2025
11.0%
11.3%
7 Feb 2025
11.3%
13.8%
24 Jan 2025
11.4%
9.1%
10 Jan 2025
11.5%
8.5%
27 Dec 2024
11.2%
12.7%
13 Dec 2024
11.5%
10.1%
29 Nov 2024
10.6%
10.4%
15 Nov 2024
11.1%
12.9%
1 Nov 2024
11.9%
10.6%
18 Oct 2024
11.5%
12.0%
4 Oct 2024
12.8%
12.7%
20 Sep 2024
13.0%
12.5%
6 Sep 2024
13.3%
13.9%
23 Aug 2024
13.6%
14.3%
9 Aug 2024
13.6%
12.3%
26 Jul 2024
13.7%
13.3%
12 Jul 2024
14.0%
16.3%
28 Jun 2024
17.4%
19.0%
14 Jun 2024
19.2%
19.2%
31 May 2024
19.8%
19.2%

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.