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
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%
17 Jul 2020
5.8%
6.1%
3 Jul 2020
6.1%
6.2%
19 Jun 2020
6.2%
6.2%
5 Jun 2020
6.2%
6.4%
22 May 2020
6.3%
6.6%
8 May 2020
6.5%
6.9%
24 Apr 2020
6.7%
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.