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
22 Oct 2021
9.9%
9.4%
10.2%
8 Oct 2021
10.2%
8.8%
9.3%
24 Sep 2021
9.3%
9.5%
9.3%
10 Sep 2021
9.3%
10.3%
9.5%
27 Aug 2021
9.5%
10.7%
10.6%
13 Aug 2021
10.6%
10.3%
9.8%
30 Jul 2021
9.8%
10.4%
10.7%
16 Jul 2021
10.7%
9.8%
9.8%
2 Jul 2021
9.8%
10.1%
10.3%
18 Jun 2021
10.3%
9.8%
9.7%
4 Jun 2021
9.7%
9.9%
9.7%
21 May 2021
9.7%
9.6%
9.9%
7 May 2021
9.9%
9.8%
10.3%
23 Apr 2021
10.3%
10.4%
10.9%
9 Apr 2021
10.9%
11.5%
11.4%
26 Mar 2021
11.4%
12.5%
12.1%
12 Mar 2021
12.1%
12.4%
12.1%
26 Feb 2021
12.1%
11.7%
11.8%
12 Feb 2021
11.8%
11.1%
11.1%
29 Jan 2021
11.1%
11.2%
11.4%