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 7 days
Forecast
16.7%
Previous
17.7%
Date (GMT)
Reference
Actual
Forecast
5 May 2023
15.5%
15.4%
21 Apr 2023
15.9%
15.0%
7 Apr 2023
15.7%
15.0%
24 Mar 2023
15.0%
15.7%
10 Mar 2023
15.7%
15.5%
24 Feb 2023
15.5%
15.5%
10 Feb 2023
16.1%
15.5%
27 Jan 2023
16.3%
15.6%
13 Jan 2023
16.5%
15.8%
30 Dec 2022
14.9%
17.2%
16 Dec 2022
17.4%
17.5%
2 Dec 2022
17.5%
16.8%
18 Nov 2022
17.2%
16.6%
4 Nov 2022
17.0%
18.5%
21 Oct 2022
17.9%
17.9%
7 Oct 2022
17.9%
16.9%
23 Sep 2022
16.4%
16.4%
9 Sep 2022
16.2%
15.9%
26 Aug 2022
15.5%
15.0%
12 Aug 2022
15.3%
14.3%

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.