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
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
Previous
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%
16 Jun 2023
15.4%
15.5%
15.4%
2 Jun 2023
15.4%
15.6%
15.4%
19 May 2023
15.4%
15.6%
15.5%
5 May 2023
15.5%
15.4%
15.9%
21 Apr 2023
15.9%
15.0%
15.7%
7 Apr 2023
15.7%
15.0%
15.0%
24 Mar 2023
15.0%
15.7%
15.7%
10 Mar 2023
15.7%
15.5%
15.5%
24 Feb 2023
15.5%
15.5%
16.1%
10 Feb 2023
16.1%
15.5%
16.3%
27 Jan 2023
16.3%
15.6%
16.5%
13 Jan 2023
16.5%
15.8%
14.9%
30 Dec 2022
14.9%
17.2%
17.4%
16 Dec 2022
17.4%
17.5%
17.5%
2 Dec 2022
17.5%
16.8%
17.2%
18 Nov 2022
17.2%
16.6%
17.0%