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
16 Jun 2023
12.1%
11.4%
11.8%
2 Jun 2023
11.8%
10.6%
10.9%
19 May 2023
10.9%
10.3%
10.4%
5 May 2023
10.4%
10.2%
10.2%
21 Apr 2023
10.2%
9.9%
10.2%
7 Apr 2023
10.2%
9.9%
9.6%
24 Mar 2023
9.6%
10.2%
10.3%
10 Mar 2023
10.3%
10.1%
10.1%
24 Feb 2023
10.1%
10.3%
10.2%
10 Feb 2023
10.2%
10.5%
10.5%
27 Jan 2023
10.5%
9.9%
10.6%
13 Jan 2023
10.6%
9.3%
9.2%
30 Dec 2022
9.2%
9.6%
9.4%
16 Dec 2022
9.4%
9.7%
9.9%
2 Dec 2022
9.9%
8.9%
9.6%
18 Nov 2022
9.6%
8.8%
8.2%
4 Nov 2022
8.2%
9.5%
9.5%
21 Oct 2022
9.5%
9.4%
9.6%
7 Oct 2022
9.6%
9.3%
9.2%
23 Sep 2022
9.2%
9.5%
9.5%