India Bank Loan Growth y/y

Country:
India
INR, Indian rupee
Sector:
Money
Low 19.8% 19.2%
19.5%
Last release Importance Actual Forecast
Previous
19.2%
19.8%
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

India's Bank Loan Growth y/y reflects changes in the volume of outstanding loans issued to Indian consumers and companies. The index measures year-over-year changes. The Reserve Bank of India (RBI) publishes loan data on a monthly basis.

Source data for the indicator calculation are provided by 39 commercial banks, which cover about 90 % of all loans. Loans issued to households and private companies are included into the report. The latter account for the majority of loans issued. In addition to the general index, the Reserve Bank of India publishes separate data by sectors (manufacturing, agricultures, services).

The index is used in the evaluation of potential retail sales and it reflects a change in interest rates. 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. Thus, bank loan growth indicates an improvement in the banking sector and in national economy as a whole.

In general, bank lending growth is seen as a favorable factor for the national currency. Conversely, a slowdown in the lending sector may have a negative effect on Indian rupee quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "India Bank Loan Growth y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
31 May 2024
19.8%
19.2%
19.5%
17 May 2024
19.5%
19.2%
19.6%
3 May 2024
19.6%
19.2%
19.0%
19 Apr 2024
19.0%
20.2%
19.9%
5 Apr 2024
19.9%
20.8%
20.2%
22 Mar 2024
20.2%
20.7%
20.4%
8 Mar 2024
20.4%
20.6%
20.5%
23 Feb 2024
20.5%
20.5%
20.3%
9 Feb 2024
20.3%
20.5%
20.3%
26 Jan 2024
20.3%
20.3%
20.3%
12 Jan 2024
20.3%
20.2%
19.9%
29 Dec 2023
19.9%
20.7%
20.2%
15 Dec 2023
20.2%
20.9%
20.8%
1 Dec 2023
20.8%
20.7%
20.6%
17 Nov 2023
20.6%
20.2%
20.4%
3 Nov 2023
20.4%
19.7%
19.7%
20 Oct 2023
19.7%
19.8%
19.3%
6 Oct 2023
19.3%
20.1%
20.0%
22 Sep 2023
20.0%
20.0%
19.8%
8 Sep 2023
19.8%
19.9%
19.8%
25 Aug 2023
19.8%
19.9%
19.7%
11 Aug 2023
19.7%
20.1%
19.7%
28 Jul 2023
19.7%
18.4%
20.2%
14 Jul 2023
20.2%
15.6%
16.2%
30 Jun 2023
16.2%
15.2%
15.4%
16 Jun 2023
15.4%
15.5%
15.4%
2 Jun 2023
15.4%
15.6%
15.4%
19 May 2023
15.4%
15.6%
15.5%
5 May 2023
15.5%
15.4%
15.9%
21 Apr 2023
15.9%
15.0%
15.7%
7 Apr 2023
15.7%
15.0%
15.0%
24 Mar 2023
15.0%
15.7%
15.7%
10 Mar 2023
15.7%
15.5%
15.5%
24 Feb 2023
15.5%
15.5%
16.1%
10 Feb 2023
16.1%
15.5%
16.3%
27 Jan 2023
16.3%
15.6%
16.5%
13 Jan 2023
16.5%
15.8%
14.9%
30 Dec 2022
14.9%
17.2%
17.4%
16 Dec 2022
17.4%
17.5%
17.5%
2 Dec 2022
17.5%
16.8%
17.2%
18 Nov 2022
17.2%
16.6%
17.0%
4 Nov 2022
17.0%
18.5%
17.9%
21 Oct 2022
17.9%
17.9%
17.9%
7 Oct 2022
17.9%
16.9%
16.4%
23 Sep 2022
16.4%
16.4%
16.2%
9 Sep 2022
16.2%
15.9%
15.5%
26 Aug 2022
15.5%
15.0%
15.3%
12 Aug 2022
15.3%
14.3%
14.5%
29 Jul 2022
14.5%
14.2%
14.0%
15 Jul 2022
14.0%
13.9%
14.4%

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Use official plugin for WordPress websites

Use official plugin for WordPress websites

Download
Widget type
Language
Color theme
Date format
Size
×
Display information
Default calendar period
Your embed code