A statistical analysis of the data on GDP, housing loan and educational loan for the period March 2004 to March 2009 suggests that a 1 per cent increase in GDP growth is associated with 3 per cent increase in housing loan and 5 per cent increase in education loan.
Assuming a real GDP growth rate of 6.25 per cent in 2009–10 and 8 per cent each in 2010–11 and 2011–12, and 9 per cent each during 2012–13 to 2014–2015, the housing loan is expected to grow at 20.3 per cent in 2009–10, 25.0 per cent each in 2010–11 and 2011–12 and at 28.1 per cent during the period 2012–13 to 2014–05.