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
23 Apr 2021
5.7%
5.4%
9 Apr 2021
5.3%
6.0%
26 Mar 2021
5.6%
6.8%
12 Mar 2021
6.5%
6.6%
26 Feb 2021
6.6%
6.1%
12 Feb 2021
6.6%
6.4%
29 Jan 2021
5.9%
6.7%
15 Jan 2021
6.4%
6.3%
1 Jan 2021
6.7%
5.9%
18 Dec 2020
6.1%
5.7%
4 Dec 2020
5.7%
5.7%
20 Nov 2020
5.8%
5.4%
6 Nov 2020
5.7%
5.4%
23 Oct 2020
5.1%
5.4%
9 Oct 2020
5.7%
5.2%
25 Sep 2020
5.1%
5.4%
11 Sep 2020
5.3%
5.5%
28 Aug 2020
5.5%
5.5%
14 Aug 2020
5.5%
5.6%
31 Jul 2020
5.5%
5.9%

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.