India Deposit Growth y/y

Country: India, INR
Importance: Low
Sector: Money
Last release
Actual
17.3%
Forecast
14.8%
Previous
17.8%
Next release
Actual
Coming in 5 days
Forecast
15.7%
Previous
17.3%
Date (GMT)
Reference
Actual
Forecast
18 Jan 2019
9.7%
—
4 Jan 2019
9.9%
—
21 Dec 2018
9.2%
—
7 Dec 2018
9.7%
—
23 Nov 2018
9.4%
—
9 Nov 2018
9.1%
—
26 Oct 2018
9.0%
—
12 Oct 2018
8.9%
—
28 Sep 2018
8.1%
—
14 Sep 2018
8.6%
—
31 Aug 2018
8.9%
—
17 Aug 2018
8.3%
—
3 Aug 2018
8.2%
—
20 Jul 2018
8.2%
—
6 Jul 2018
8.3%
—
22 Jun 2018
7.6%
—
8 Jun 2018
8.4%
—
25 May 2018
8.5%
—
11 May 2018
7.6%
—
27 Apr 2018
8.2%
—

India's Deposit Growth y/y reflects a change in bank deposits in the given quarter compared to the same period a year ago. Expansion in deposits indicates public loyalty towards the banking sector and a positive view on the economy as a whole. In addition, deposits increase money turnover in the country's financial sector and expand lending opportunities. Therefore, the indicator growth can be seen as positive for the Indian rupee.