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
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%
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%

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.