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
12.2%
Forecast
12.4%
Previous
12.2%
Next release
Actual
Coming in 6 days
Forecast
12.3%
Previous
12.2%
Date (GMT)
Reference
Actual
Forecast
Previous
15 Nov 2024
11.2%
11.7%
11.8%
1 Nov 2024
11.8%
12.0%
11.7%
18 Oct 2024
11.7%
12.1%
11.8%
4 Oct 2024
11.8%
11.6%
11.5%
20 Sep 2024
11.5%
10.9%
11.1%
6 Sep 2024
11.1%
11.3%
10.8%
23 Aug 2024
10.8%
9.6%
10.9%
9 Aug 2024
10.9%
11.9%
10.6%
26 Jul 2024
10.6%
12.5%
11.3%
12 Jul 2024
11.3%
11.9%
11.1%
28 Jun 2024
11.1%
13.0%
12.6%
14 Jun 2024
12.6%
13.3%
12.7%
31 May 2024
12.7%
13.5%
13.3%
17 May 2024
13.3%
13.4%
13.6%
3 May 2024
13.6%
13.3%
13.3%
19 Apr 2024
13.3%
13.3%
13.8%
5 Apr 2024
13.8%
13.4%
13.5%
22 Mar 2024
13.5%
13.4%
13.7%
8 Mar 2024
13.7%
13.4%
13.1%
23 Feb 2024
13.1%
13.4%
13.6%