Indian Deposit Growth YoY (Jan/09) Y/Y 10.6% (Prev. 12.7%)
Newsquawk Staff ·
Indian Deposit Growth YoY (Jan/09) Y/Y 10.6% (Prev. 12.7%)
What it means
The year-on-year deposit growth in India has slowed to 10.6% from the previous 12.7%. This deceleration in deposit growth could indicate tightening liquidity conditions and may have implications for lending rates and overall economic activity, potentially influencing policy decisions going forward.
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