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
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
Previous
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%
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%