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
17 May 2024
19.5%
19.2%
3 May 2024
19.6%
19.2%
19 Apr 2024
19.0%
20.2%
5 Apr 2024
19.9%
20.8%
22 Mar 2024
20.2%
20.7%
8 Mar 2024
20.4%
20.6%
23 Feb 2024
20.5%
20.5%
9 Feb 2024
20.3%
20.5%
26 Jan 2024
20.3%
20.3%
12 Jan 2024
20.3%
20.2%
29 Dec 2023
19.9%
20.7%
15 Dec 2023
20.2%
20.9%
1 Dec 2023
20.8%
20.7%
17 Nov 2023
20.6%
20.2%
3 Nov 2023
20.4%
19.7%
20 Oct 2023
19.7%
19.8%
6 Oct 2023
19.3%
20.1%
22 Sep 2023
20.0%
20.0%
8 Sep 2023
19.8%
19.9%
25 Aug 2023
19.8%
19.9%

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.