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India Deposit Growth
Price
The current value of the Deposit Growth in India is 11.8 %. The Deposit Growth in India increased to 11.8 % on 10/1/2024, after it was 11.3 % on 9/1/2024. From 5/29/1998 to 10/4/2024, the average GDP in India was 14.91 %. The all-time high was reached on 1/25/2008 with 29.3 %, while the lowest value was recorded on 12/8/2017 with 2.7 %.
Deposit Growth ·
3 years
5 years
10 years
25 Years
Max
| Deposit Growth | |
|---|---|
| 6/1/1998 | 19.33 % |
| 7/1/1998 | 20.23 % |
| 8/1/1998 | 21.65 % |
| 9/1/1998 | 24.25 % |
| 10/1/1998 | 23.7 % |
| 11/1/1998 | 21.67 % |
| 12/1/1998 | 21.9 % |
| 1/1/1999 | 20.63 % |
| 2/1/1999 | 20.6 % |
| 3/1/1999 | 20.85 % |
| 4/1/1999 | 18.17 % |
| 5/1/1999 | 17.37 % |
| 6/1/1999 | 16.97 % |
| 7/1/1999 | 17.17 % |
| 8/1/1999 | 16.65 % |
| 9/1/1999 | 14.4 % |
| 10/1/1999 | 14.17 % |
| 11/1/1999 | 13.73 % |
| 12/1/1999 | 14.77 % |
| 1/1/2000 | 16.5 % |
| 2/1/2000 | 17.25 % |
| 3/1/2000 | 17.93 % |
| 4/1/2000 | 16.3 % |
| 5/1/2000 | 16.37 % |
| 6/1/2000 | 16.5 % |
| 7/1/2000 | 16.45 % |
| 8/1/2000 | 15.65 % |
| 9/1/2000 | 16.23 % |
| 10/1/2000 | 15.23 % |
| 11/1/2000 | 17.43 % |
| 12/1/2000 | 18.23 % |
| 1/1/2001 | 18.15 % |
| 2/1/2001 | 17.65 % |
| 3/1/2001 | 17.57 % |
| 4/1/2001 | 18.6 % |
| 5/1/2001 | 19.07 % |
| 6/1/2001 | 19.33 % |
| 7/1/2001 | 19.5 % |
| 8/1/2001 | 19.5 % |
| 9/1/2001 | 18.1 % |
| 10/1/2001 | 18.27 % |
| 11/1/2001 | 15.4 % |
| 12/1/2001 | 15 % |
| 1/1/2002 | 15.2 % |
| 2/1/2002 | 14.6 % |
| 3/1/2002 | 14.53 % |
| 4/1/2002 | 14.53 % |
| 5/1/2002 | 18.6 % |
| 6/1/2002 | 18.7 % |
| 7/1/2002 | 18.4 % |
| 8/1/2002 | 18.87 % |
| 9/1/2002 | 19 % |
| 10/1/2002 | 17.73 % |
| 11/1/2002 | 18.63 % |
| 12/1/2002 | 18.35 % |
| 1/1/2003 | 18.23 % |
| 2/1/2003 | 17.43 % |
| 3/1/2003 | 14.87 % |
| 4/1/2003 | 14.97 % |
| 5/1/2003 | 11.7 % |
| 6/1/2003 | 11.55 % |
| 7/1/2003 | 11.35 % |
| 8/1/2003 | 11.23 % |
| 9/1/2003 | 11.73 % |
| 10/1/2003 | 11.67 % |
| 11/1/2003 | 11.75 % |
| 12/1/2003 | 12.65 % |
| 1/1/2004 | 14.07 % |
| 2/1/2004 | 15.33 % |
| 3/1/2004 | 17.1 % |
| 4/1/2004 | 16.97 % |
| 5/1/2004 | 16.9 % |
| 6/1/2004 | 16.9 % |
| 7/1/2004 | 16.93 % |
| 8/1/2004 | 16.6 % |
| 9/1/2004 | 15.07 % |
| 10/1/2004 | 15.8 % |
| 11/1/2004 | 14.65 % |
| 12/1/2004 | 14.93 % |
| 1/1/2005 | 14.53 % |
| 2/1/2005 | 13.93 % |
| 3/1/2005 | 11.73 % |
| 4/1/2005 | 15.2 % |
| 5/1/2005 | 14.65 % |
| 6/1/2005 | 14.25 % |
| 7/1/2005 | 14.9 % |
| 8/1/2005 | 15.6 % |
| 9/1/2005 | 17.6 % |
| 10/1/2005 | 18.45 % |
| 11/1/2005 | 19.45 % |
| 12/1/2005 | 18.17 % |
| 1/1/2006 | 17 % |
| 2/1/2006 | 17.13 % |
| 3/1/2006 | 18.97 % |
| 4/1/2006 | 19.05 % |
| 5/1/2006 | 20.25 % |
| 6/1/2006 | 21 % |
| 7/1/2006 | 20.8 % |
| 8/1/2006 | 21.3 % |
| 9/1/2006 | 20.97 % |
| 10/1/2006 | 19.95 % |
| 11/1/2006 | 21 % |
| 12/1/2006 | 22.13 % |
| 1/1/2007 | 23.1 % |
| 2/1/2007 | 24.13 % |
| 3/1/2007 | 24.43 % |
| 4/1/2007 | 22.5 % |
| 5/1/2007 | 22.2 % |
| 6/1/2007 | 23.73 % |
| 7/1/2007 | 24.97 % |
| 8/1/2007 | 23.8 % |
| 9/1/2007 | 25.45 % |
| 10/1/2007 | 24.65 % |
| 11/1/2007 | 26.93 % |
| 12/1/2007 | 24.23 % |
| 1/1/2008 | 26.97 % |
| 2/1/2008 | 25.4 % |
| 3/1/2008 | 25.7 % |
| 4/1/2008 | 22.75 % |
| 5/1/2008 | 24.5 % |
| 6/1/2008 | 22.03 % |
| 7/1/2008 | 20.4 % |
| 8/1/2008 | 21.33 % |
| 9/1/2008 | 21.05 % |
| 10/1/2008 | 21.1 % |
| 11/1/2008 | 20.17 % |
| 12/1/2008 | 20.2 % |
| 1/1/2009 | 18.4 % |
| 2/1/2009 | 21.2 % |
| 3/1/2009 | 20.45 % |
| 4/1/2009 | 22.35 % |
| 5/1/2009 | 22.37 % |
| 6/1/2009 | 21.83 % |
| 7/1/2009 | 22.3 % |
| 8/1/2009 | 21.95 % |
| 9/1/2009 | 20.85 % |
| 10/1/2009 | 20.23 % |
| 11/1/2009 | 19.1 % |
| 12/1/2009 | 18.47 % |
| 1/1/2010 | 18.37 % |
| 2/1/2010 | 17.95 % |
| 3/1/2010 | 19.35 % |
| 4/1/2010 | 16.77 % |
| 5/1/2010 | 14.83 % |
| 6/1/2010 | 14.33 % |
| 7/1/2010 | 14.83 % |
| 8/1/2010 | 14.4 % |
| 9/1/2010 | 14.7 % |
| 10/1/2010 | 17.07 % |
| 11/1/2010 | 15.13 % |
| 12/1/2010 | 16.1 % |
| 1/1/2011 | 16.65 % |
| 2/1/2011 | 17.7 % |
| 3/1/2011 | 17.95 % |
| 4/1/2011 | 18.17 % |
| 5/1/2011 | 17.13 % |
| 6/1/2011 | 17.9 % |
| 7/1/2011 | 18.87 % |
| 8/1/2011 | 18.2 % |
| 9/1/2011 | 19.13 % |
| 10/1/2011 | 15.47 % |
| 11/1/2011 | 17.4 % |
| 12/1/2011 | 17.67 % |
| 1/1/2012 | 16.2 % |
| 2/1/2012 | 14.7 % |
| 3/1/2012 | 14.23 % |
| 4/1/2012 | 13.73 % |
| 5/1/2012 | 13.77 % |
| 6/1/2012 | 14.1 % |
| 7/1/2012 | 14.35 % |
| 8/1/2012 | 14.47 % |
| 9/1/2012 | 13.23 % |
| 10/1/2012 | 13.43 % |
| 11/1/2012 | 13.2 % |
| 12/1/2012 | 12.15 % |
| 1/1/2013 | 13.15 % |
| 2/1/2013 | 13.05 % |
| 3/1/2013 | 13.53 % |
| 4/1/2013 | 13 % |
| 5/1/2013 | 13.5 % |
| 6/1/2013 | 14.25 % |
| 7/1/2013 | 13.4 % |
| 8/1/2013 | 13.17 % |
| 9/1/2013 | 13.57 % |
| 10/1/2013 | 13.77 % |
| 11/1/2013 | 15.4 % |
| 12/1/2013 | 16.3 % |
| 1/1/2014 | 15.87 % |
| 2/1/2014 | 15.2 % |
| 3/1/2014 | 13.1 % |
| 4/1/2014 | 14.83 % |
| 5/1/2014 | 13.5 % |
| 6/1/2014 | 11.45 % |
| 7/1/2014 | 12.4 % |
| 8/1/2014 | 12.7 % |
| 9/1/2014 | 11.77 % |
| 10/1/2014 | 11.9 % |
| 11/1/2014 | 11.2 % |
| 12/1/2014 | 10.35 % |
| 1/1/2015 | 11 % |
| 2/1/2015 | 11.1 % |
| 3/1/2015 | 10.47 % |
| 4/1/2015 | 11.3 % |
| 5/1/2015 | 11.2 % |
| 6/1/2015 | 10.85 % |
| 7/1/2015 | 11.23 % |
| 8/1/2015 | 10.6 % |
| 9/1/2015 | 9.87 % |
| 10/1/2015 | 10.77 % |
| 11/1/2015 | 9.85 % |
| 12/1/2015 | 9.75 % |
| 1/1/2016 | 10.2 % |
| 2/1/2016 | 9.83 % |
| 3/1/2016 | 7.7 % |
| 4/1/2016 | 9.77 % |
| 5/1/2016 | 9.1 % |
| 6/1/2016 | 9.15 % |
| 7/1/2016 | 8.73 % |
| 8/1/2016 | 8.93 % |
| 9/1/2016 | 10.47 % |
| 10/1/2016 | 9.4 % |
| 11/1/2016 | 13.25 % |
| 12/1/2016 | 15.53 % |
| 1/1/2017 | 13.37 % |
| 2/1/2017 | 12.4 % |
| 3/1/2017 | 13.1 % |
| 4/1/2017 | 10.15 % |
| 5/1/2017 | 10.85 % |
| 6/1/2017 | 11.43 % |
| 7/1/2017 | 9.87 % |
| 8/1/2017 | 9.67 % |
| 9/1/2017 | 8.9 % |
| 10/1/2017 | 8.95 % |
| 11/1/2017 | 5.3 % |
| 12/1/2017 | 3.23 % |
| 1/1/2018 | 4.4 % |
| 2/1/2018 | 5.33 % |
| 3/1/2018 | 6.07 % |
| 4/1/2018 | 7.6 % |
| 5/1/2018 | 7.6 % |
| 6/1/2018 | 7.6 % |
| 7/1/2018 | 8.4 % |
| 8/1/2018 | 8.8 % |
| 9/1/2018 | 9.4 % |
| 10/1/2018 | 8.35 % |
| 11/1/2018 | 9.77 % |
| 12/1/2018 | 9.27 % |
| 1/1/2019 | 9.73 % |
| 2/1/2019 | 9.93 % |
| 3/1/2019 | 9.93 % |
| 4/1/2019 | 10.15 % |
| 5/1/2019 | 10.25 % |
| 6/1/2019 | 9.95 % |
| 7/1/2019 | 10.45 % |
| 8/1/2019 | 10 % |
| 9/1/2019 | 9.7 % |
| 10/1/2019 | 10.05 % |
| 11/1/2019 | 9.8 % |
| 12/1/2019 | 10.2 % |
| 1/1/2020 | 9.73 % |
| 2/1/2020 | 9.1 % |
| 3/1/2020 | 8.5 % |
| 4/1/2020 | 9.65 % |
| 5/1/2020 | 10.6 % |
| 6/1/2020 | 11.15 % |
| 7/1/2020 | 10.97 % |
| 8/1/2020 | 10.95 % |
| 9/1/2020 | 11.25 % |
| 10/1/2020 | 10.3 % |
| 11/1/2020 | 10.75 % |
| 12/1/2020 | 11.3 % |
| 1/1/2021 | 11.33 % |
| 2/1/2021 | 11.95 % |
| 3/1/2021 | 11.75 % |
| 4/1/2021 | 10.6 % |
| 5/1/2021 | 9.8 % |
| 6/1/2021 | 10 % |
| 7/1/2021 | 10.1 % |
| 8/1/2021 | 10.05 % |
| 9/1/2021 | 9.3 % |
| 10/1/2021 | 10.05 % |
| 11/1/2021 | 10.6 % |
| 12/1/2021 | 9.77 % |
| 1/1/2022 | 9.3 % |
| 2/1/2022 | 8.85 % |
| 3/1/2022 | 8.85 % |
| 4/1/2022 | 9.95 % |
| 5/1/2022 | 9.5 % |
| 6/1/2022 | 8.8 % |
| 7/1/2022 | 9.1 % |
| 8/1/2022 | 9.15 % |
| 9/1/2022 | 9.35 % |
| 10/1/2022 | 9.55 % |
| 11/1/2022 | 8.9 % |
| 12/1/2022 | 9.5 % |
| 1/1/2023 | 10.55 % |
| 2/1/2023 | 10.15 % |
| 3/1/2023 | 9.95 % |
| 4/1/2023 | 10.2 % |
| 5/1/2023 | 10.65 % |
| 6/1/2023 | 12.3 % |
| 7/1/2023 | 13.05 % |
| 8/1/2023 | 13.35 % |
| 9/1/2023 | 13.4 % |
| 10/1/2023 | 13.5 % |
| 11/1/2023 | 13.55 % |
| 12/1/2023 | 13.53 % |
| 1/1/2024 | 13.15 % |
| 2/1/2024 | 13.35 % |
| 3/1/2024 | 13.6 % |
| 4/1/2024 | 13.55 % |
| 5/1/2024 | 13.45 % |
| 6/1/2024 | 12.13 % |
| 7/1/2024 | 10.95 % |
| 8/1/2024 | 10.85 % |
| 9/1/2024 | 11.3 % |
| 10/1/2024 | 11.8 % |
Deposit Growth History
| Date | Value |
|---|---|
| 10/1/2024 | 11.8 % |
| 9/1/2024 | 11.3 % |
| 8/1/2024 | 10.85 % |
| 7/1/2024 | 10.95 % |
| 6/1/2024 | 12.133 % |
| 5/1/2024 | 13.45 % |
| 4/1/2024 | 13.55 % |
| 3/1/2024 | 13.6 % |
| 2/1/2024 | 13.35 % |
| 1/1/2024 | 13.15 % |
Similar Macro Indicators to Deposit Growth
| Name | Current | Previous | Frequency |
|---|---|---|---|
🇮🇳 Automobile production | 151,538 Units | 171,437 Units | Monthly |
🇮🇳 Business Climate | 130.3 points | 135.4 points | Quarter |
🇮🇳 Capacity Utilization | 75.8 % | 74 % | Quarter |
🇮🇳 Changes in Inventory Levels | 544.48 B INR | 461.83 B INR | Quarter |
🇮🇳 Composite Leading Indicator | 100.308 points | 100.178 points | Monthly |
🇮🇳 Composite PMI | 58.3 points | 60.7 points | Monthly |
🇮🇳 Electricity Production | 134,935.87 Gigawatt-hour | 139,791.55 Gigawatt-hour | Monthly |
🇮🇳 Industrial production | 5 % | 4.9 % | Monthly |
🇮🇳 Industrial Production MoM | -2.97 % | 4.67 % | Monthly |
🇮🇳 Manufacturing PMI | 56.5 points | 57.5 points | Monthly |
🇮🇳 Manufacturing Production | 4.6 % | 2.6 % | Monthly |
🇮🇳 Mining Production | 6.56 % | 6.69 % | Monthly |
🇮🇳 Services PMI | 57.7 points | 60.9 points | Monthly |
🇮🇳 Steel production | 12.3 M Tonnes | 12.3 M Tonnes | Monthly |
🇮🇳 Total Vehicle Sales | 315,689 Units | 308,779 Units | Monthly |
🇮🇳 Vehicle Registrations | 160,306 Units | 168,912 Units | Monthly |
In India, deposit growth denotes the annual variation in the deposits held by commercial banks.
Macro pages for other countries in Asia
- 🇨🇳China
- 🇮🇩Indonesia
- 🇯🇵Japan
- 🇸🇦Saudi Arabia
- 🇸🇬Singapore
- 🇰🇷South Korea
- 🇹🇷Turkey
- 🇦🇫Afghanistan
- 🇦🇲Armenia
- 🇦🇿Azerbaijan
- 🇧🇭Bahrain
- 🇧🇩Bangladesh
- 🇧🇹Bhutan
- 🇧🇳Brunei
- 🇰🇭Cambodia
- 🇹🇱East Timor
- 🇬🇪Georgia
- 🇭🇰Hong Kong
- 🇮🇷Iran
- 🇮🇶Iraq
- 🇮🇱Israel
- 🇯🇴Jordan
- 🇰🇿Kazakhstan
- 🇰🇼Kuwait
- 🇰🇬Kyrgyzstan
- 🇱🇦Laos
- 🇱🇧Lebanon
- 🇲🇴Macau
- 🇲🇾Malaysia
- 🇲🇻Maldives
- 🇲🇳Mongolia
- 🇲🇲Myanmar
- 🇳🇵Nepal
- 🇰🇵North Korea
- 🇴🇲Oman
- 🇵🇰Pakistan
- 🇵🇸Palestine
- 🇵🇭Philippines
- 🇶🇦Qatar
- 🇱🇰Sri Lanka
- 🇸🇾Syria
- 🇹🇼Taiwan
- 🇹🇯Tajikistan
- 🇹🇭Thailand
- 🇹🇲Turkmenistan
- 🇦🇪United Arab Emirates
- 🇺🇿Uzbekistan
- 🇻🇳Vietnam
- 🇾🇪Yemen
What is Deposit Growth?
Deposit Growth is a critical indicator within the domain of macroeconomics, providing invaluable insights into the state of an economy's banking sector, overall financial health, and the behavior of both consumers and businesses. At Eulerpool, our priority is to offer precise, up-to-date, and comprehensible macroeconomic data to our users, and the realm of Deposit Growth is no exception. This category encapsulates the cumulative changes in the total deposits held within financial institutions over a specified period, reflecting a multitude of underlying economic factors. Deposit growth is typically measured by the aggregate rise in the sum of savings accounts, checking accounts, and other deposit types within commercial banks, credit unions, and savings institutions. These changes can be linked to various factors, including individual savings behavior, corporate financial strategies, interest rates, economic expansions or contractions, and monetary policies implemented by central banks. A robust rate of deposit growth is often perceived as a hallmark of economic stability and confidence. When individuals and businesses feel secure about their economic prospects, they tend to save more, bolstering the deposit bases of financial institutions. Conversely, sluggish or declining deposit growth can portend economic distress, a potential liquidity crisis within banks, or waning confidence among depositors. Consumer behavior plays a pivotal role in the dynamics of deposit growth. Households' propensity to save is influenced by income levels, employment rates, consumer confidence, and expectations of future economic conditions. Higher disposable incomes and positive economic forecasts generally drive increased savings, contributing to deposit growth. Conversely, during periods of economic uncertainty or downturns, consumers may draw down their savings to cover expenses, impacting the overall deposit metrics. Businesses, on the other hand, impact deposit growth through their financial operations and investments. Corporations with healthy cash flows and retained earnings tend to park their funds in various deposit instruments to ensure liquidity while earning interest. Strategic decisions about capital expenditure, mergers and acquisitions, and other investments can also dictate the flow of funds between deposit accounts and other financial vehicles. Interest rates are another crucial determinant of deposit growth. Central banks manipulate interest rates to control monetary supply and demand, directly affecting the attractiveness of savings. Higher interest rates incentivize savings, leading to growth in deposits as individuals and businesses seek to capitalize on higher returns on their idle funds. On the flip side, lower interest rates can reduce the appeal of deposit accounts, pushing depositors to pursue alternative investment opportunities that offer better returns. Deposit growth is also profoundly influenced by fiscal and monetary policies. Expansionary monetary policies, such as quantitative easing, can flood the banking system with liquidity, encouraging deposit growth as the available credit supply expands. Similarly, fiscal policies that promote economic growth, such as tax cuts or increased public spending, can lead to higher disposable incomes and corporate profits, subsequently driving up savings and deposits. Economic cycles dictate the ebb and flow of deposit growth. During periods of economic expansion, prosperity and optimism lead to greater accumulation of deposits. Conversely, recessions or economic contractions usually witness stagnation or even depletion in deposit growth as economic activities slow down and liquidity becomes a critical concern. Banks and financial institutions themselves play a role in influencing deposit growth through their product offerings, interest rate strategies, and marketing efforts. Competitive deposit products with attractive features can lure customers, accelerating the pace of deposit accumulation. Financial institutions' efforts to streamline their services, enhance customer experience, and adopt technology-driven solutions can also impact depositor behavior. At Eulerpool, we understand the multifaceted nature of deposit growth and its profound implications on economic analysis and forecasting. Our platform is designed to provide users with granular data on deposit trends, enabling in-depth examinations of this vital macroeconomic indicator. Users can track historical data, compare trends across different financial institutions and regions, and derive insights into the economic sentiment driving these patterns. Strategic decision-makers, policy analysts, financial planners, and academic researchers can leverage this information to gauge the economy's underlying health, predict future economic trajectories, and develop informed strategies. For instance, a consistent trend of deposit growth may signal upcoming investment opportunities or a period of economic prosperity, while a declining trend may necessitate preemptive measures to cushion against potential economic adversities. Furthermore, understanding deposit growth allows for a nuanced analysis of the interplay between savings and investments, consumer and business confidence, and monetary conditions. It forms an essential component of comprehensive economic models that assess both short-term economic movements and long-term growth prospects. As a professional website dedicated to presenting macroeconomic data, Eulerpool recognizes the importance of providing accurate, timely, and straightforward information on deposit growth. Our dataset is meticulously curated to reflect the latest available data, ensuring that users have access to reliable and relevant information. By delivering insights into deposit growth, we empower our users to make well-informed decisions, understand economic trends, and navigate the complexities of macroeconomic dynamics. In conclusion, Deposit Growth is a paramount category that encapsulates numerous economic behaviors and conditions. From consumer savings habits to business financial strategies, and from interest rates manipulation to monetary policies, it serves as a barometer for economic stability and confidence. At Eulerpool, our commitment is to deliver impeccable macroeconomic data that helps our users stay informed and ahead of the curve, making sense of the myriad facets that drive the world of economics.