India Deposit Growth y/y

Country: India, INR
Importance: Low
Sector: Money
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
28 Jan 2022
8.3%
9.8%
14 Jan 2022
9.3%
9.9%
31 Dec 2021
10.3%
9.1%
17 Dec 2021
9.6%
9.6%
3 Dec 2021
9.4%
10.5%
19 Nov 2021
9.8%
10.9%
5 Nov 2021
11.4%
9.9%
22 Oct 2021
9.9%
9.4%
8 Oct 2021
10.2%
8.8%
24 Sep 2021
9.3%
9.5%
10 Sep 2021
9.3%
10.3%
27 Aug 2021
9.5%
10.7%
13 Aug 2021
10.6%
10.3%
30 Jul 2021
9.8%
10.4%
16 Jul 2021
10.7%
9.8%
2 Jul 2021
9.8%
10.1%
18 Jun 2021
10.3%
9.8%
4 Jun 2021
9.7%
9.9%
21 May 2021
9.7%
9.6%
7 May 2021
9.9%
9.8%

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.