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
29 Jul 2022
14.5%
14.2%
15 Jul 2022
14.0%
13.9%
1 Jul 2022
14.4%
13.2%
17 Jun 2022
13.2%
12.5%
3 Jun 2022
13.1%
11.9%
20 May 2022
11.9%
11.5%
6 May 2022
11.9%
11.2%
22 Apr 2022
11.1%
10.4%
8 Apr 2022
11.2%
9.0%
25 Mar 2022
9.6%
8.2%
11 Mar 2022
8.5%
7.9%
25 Feb 2022
7.9%
8.0%
11 Feb 2022
7.9%
8.1%
28 Jan 2022
8.2%
8.6%
14 Jan 2022
8.0%
8.3%
31 Dec 2021
9.2%
7.3%
17 Dec 2021
7.3%
7.1%
3 Dec 2021
7.3%
7.0%
19 Nov 2021
7.0%
6.9%
5 Nov 2021
7.1%
6.6%

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.