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
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%
9 Feb 2024
13.6%
13.2%
13.2%
26 Jan 2024
13.2%
13.5%
13.1%
12 Jan 2024
13.1%
13.3%
13.2%
29 Dec 2023
13.2%
14.1%
14.0%
15 Dec 2023
14.0%
13.5%
13.4%
1 Dec 2023
13.4%
13.6%
13.6%
17 Nov 2023
13.6%
13.5%
13.5%
3 Nov 2023
13.5%
13.5%
13.4%
20 Oct 2023
13.4%
13.4%
13.6%
6 Oct 2023
13.6%
13.4%
13.2%
22 Sep 2023
13.2%
13.4%
13.6%
8 Sep 2023
13.6%
13.4%
13.2%
25 Aug 2023
13.2%
13.2%
13.5%
11 Aug 2023
13.5%
13.1%
12.9%
28 Jul 2023
12.9%
13.1%
13.2%
14 Jul 2023
13.2%
12.6%
13.0%
30 Jun 2023
13.0%
12.0%
12.1%