India Deposit Growth y/y

Country: India, INR
Importance: Low
Sector: Money
Last release
Actual
17.8%
Forecast
13.8%
Previous
14.7%
Next release
Actual
Coming in 11 days
Forecast
14.8%
Previous
17.8%
Date (GMT)
Reference
Actual
Forecast
11 Dec 2015
11.5%
27 Nov 2015
10.4%
13 Nov 2015
11.0%
30 Oct 2015
11.1%
16 Oct 2015
11.2%
2 Oct 2015
11.3%
18 Sep 2015
11.2%
4 Sep 2015
11.6%
21 Aug 2015
11.9%
7 Aug 2015
11.5%
24 Jul 2015
11.8%
10 Jul 2015
11.7%
26 Jun 2015
11.4%
12 Jun 2015
11.7%
29 May 2015
11.5%
15 May 2015
11.9%
1 May 2015
12.3%
17 Apr 2015
11.4%
3 Apr 2015
12.8%
20 Mar 2015
11.4%

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.