Over the last year, there has been an uptick in the growth in bank deposits
%YoY growth in bank deposits*
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
2015
2016
2017
2018
2019
Demonetization
(November 2016)
November 2017
%YoY growth in bank deposits
%YoY growth in bank deposits
*Growth in total money in deposits held by scheduled commercial banks
