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.
India Bank Loan Growth y/y
Last release
Actual
17.7%
Forecast
18.5%
Previous
18.6%
Next release
Actual
Coming in 3 days
Forecast
18.2%
Previous
17.7%
Date (GMT)
Reference
Actual
Forecast
Previous
22 Mar 2024
20.2%
20.7%
20.4%
8 Mar 2024
20.4%
20.6%
20.5%
23 Feb 2024
20.5%
20.5%
20.3%
9 Feb 2024
20.3%
20.5%
20.3%
26 Jan 2024
20.3%
20.3%
20.3%
12 Jan 2024
20.3%
20.2%
19.9%
29 Dec 2023
19.9%
20.7%
20.2%
15 Dec 2023
20.2%
20.9%
20.8%
1 Dec 2023
20.8%
20.7%
20.6%
17 Nov 2023
20.6%
20.2%
20.4%
3 Nov 2023
20.4%
19.7%
19.7%
20 Oct 2023
19.7%
19.8%
19.3%
6 Oct 2023
19.3%
20.1%
20.0%
22 Sep 2023
20.0%
20.0%
19.8%
8 Sep 2023
19.8%
19.9%
19.8%
25 Aug 2023
19.8%
19.9%
19.7%
11 Aug 2023
19.7%
20.1%
19.7%
28 Jul 2023
19.7%
18.4%
20.2%
14 Jul 2023
20.2%
15.6%
16.2%
30 Jun 2023
16.2%
15.2%
15.4%