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
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%
22 Oct 2021
6.8%
6.6%
8 Oct 2021
6.5%
6.7%
24 Sep 2021
6.7%
6.7%
10 Sep 2021
6.7%
6.6%
27 Aug 2021
6.7%
6.3%
13 Aug 2021
6.5%
6.3%
30 Jul 2021
6.1%
6.3%
16 Jul 2021
6.5%
5.9%
2 Jul 2021
6.1%
5.7%
18 Jun 2021
5.8%
5.8%
4 Jun 2021
5.7%
5.9%
21 May 2021
6.0%
5.8%
7 May 2021
6.0%
5.4%

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.