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Indian Deposit Growth YoY (Feb/28) Y/Y 11.9% (Prev. 11.2%)

Newsquawk Staff ·

Indian Deposit Growth YoY (Feb/28) Y/Y 11.9% (Prev. 11.2%)

What it means

The year-over-year deposit growth in India increased to 11.9% in February, up from the previous 11.2%. This stronger-than-expected growth could signal improved financial health and lending capacity, potentially affecting interest rate expectations as the central bank balances growth with inflation risks.

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