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
10 Apr 2020
9.5%
8.6%
7.9%
27 Mar 2020
7.9%
8.9%
9.1%
13 Mar 2020
9.1%
9.2%
9.0%
28 Feb 2020
9.0%
9.5%
9.2%
14 Feb 2020
9.2%
9.6%
9.9%
31 Jan 2020
9.9%
9.6%
9.5%
17 Jan 2020
9.5%
10.0%
9.8%
3 Jan 2020
9.8%
—
10.1%
20 Dec 2019
10.1%
—
10.3%
6 Dec 2019
10.3%
—
9.7%
22 Nov 2019
9.7%
—
9.9%
8 Nov 2019
9.9%
—
10.3%
25 Oct 2019
10.3%
—
9.8%
11 Oct 2019
9.8%
—
9.4%
27 Sep 2019
9.4%
—
10.0%
13 Sep 2019
10.0%
—
9.7%
30 Aug 2019
9.7%
—
10.2%
16 Aug 2019
10.2%
—
10.1%
2 Aug 2019
10.1%
—
10.6%
19 Jul 2019
10.6%
—
10.3%