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.
India Deposit Growth y/y
Last release
Actual
12.7%
Forecast
12.8%
Previous
13.3%
Next release
Actual
Coming in 3 days
Forecast
12.7%
Previous
12.7%
Date (GMT)
Reference
Actual
Forecast
Previous
9 Jan 2015
11.9%
—
11.5%
26 Dec 2014
11.5%
—
10.6%
12 Dec 2014
10.6%
—
11.7%
28 Nov 2014
11.7%
—
12.2%
14 Nov 2014
12.2%
—
12.0%
31 Oct 2014
12.0%
—
12.6%
17 Oct 2014
12.6%
—
13.1%
3 Oct 2014
13.1%
—
13.4%
19 Sep 2014
13.4%
—
13.8%
5 Sep 2014
13.8%
—
—