India loan growth

India’s loan growth decreased to 19.0 by -5.0% on October 2024 from 19.9 in the previous month. On a year on year basis India’s loan growth decreased by -4.0%. India’s loan growth trend is down since the current value of 19.0 is lower than the 12 month moving average of 19.94. and the 12 month moving average slope is down.India’s loan growth 1-year percentile is currently at 83.0 5-year percentile is currently at 8.0%. MacroVar monitors the factors of Momentum, Trend for India loan growth.

A detailed analysis can be found here