Archive · 16 Dec 2025
Bank Deposits and Housing Inflation Trends in India
In India, some states like Tamil Nadu, West Bengal, and Maharashtra had slower bank deposit growth compared to the national average between FY11 and FY25.
Meanwhile, states like Haryana and Rajasthan had higher growth rates.
Maharashtra had the highest bank deposit base.
In the latest year, Haryana, Karnataka, and Maharashtra led in year-on-year deposit growth, while Gujarat, West Bengal, and Tamil Nadu had the lowest.
Housing inflation has slowed in most states, but remains high in Bihar and Haryana.
The RBI cut repo rates by 125 basis points in 2025, leading to lower home loan rates and reduced EMIs for borrowers.
This has improved affordability and revived housing demand to some extent.
Tamil Nadu, West Bengal, and Maharashtra had slower bank deposit growth (10.17%, 9.50%, 8.19% CAGR) compared to the national average (10.3% CAGR) between FY11 and FY25.
Haryana and Rajasthan had the highest deposit growth rates (13.7% and 12.4% CAGR) over the same period.
Maharashtra had the highest bank deposit base (₹52 lakh crore) as of FY25, followed by Delhi (₹20.7 lakh crore) and Uttar Pradesh (₹19 lakh crore).
Urban housing inflation has eased in most states, with Kerala, Gujarat, and Madhya Pradesh recording the lowest rates (2% to 2.1%) in FY25.
Bihar and Haryana reported the highest urban housing inflation (5.6% and 4.2% respectively) in FY25.
- Who
- Indian states, homebuyers, banks, RBI
- What
- Bank deposit growth, housing inflation, home loan rate cuts
- When
- Between FY11 and FY25, 2025
- Where
- India, specifically Tamil Nadu, West Bengal, Maharashtra, Haryana, Rajasthan, Kerala, Gujarat, Madhya Pradesh, Bihar, and Haryana
- Why
- Variations in financial savings preferences, economic conditions, and RBI's monetary policy
- All-India CAGR (FY11-FY25)
- 10.3%
- Tamil Nadu CAGR (FY11-FY25)
- 10.17%
- West Bengal CAGR (FY11-FY25)
- 9.50%
- Maharashtra CAGR (FY11-FY25)
- 8.19%
- Haryana CAGR (FY11-FY25)
- 13.7%
- Rajasthan CAGR (FY11-FY25)
- 12.4%
- Maharashtra Deposit Base (FY25)
- ₹52 lakh crore
- Delhi Deposit Base (FY25)
- ₹20.7 lakh crore
- UP Deposit Base (FY25)
- ₹19 lakh crore
- Haryana Y-o-Y Growth (Latest Year)
- 12.7%
- Karnataka Y-o-Y Growth (Latest Year)
- 12.3%
- Maharashtra Y-o-Y Growth (Latest Year)
- 12.1%
- Gujarat Y-o-Y Growth (Latest Year)
- 6.5%
- West Bengal Y-o-Y Growth (Latest Year)
- 7.2%
- Tamil Nadu Y-o-Y Growth (Latest Year)
- 8.8%
- Madhya Pradesh CPI Housing Inflation Decline (FY15-FY25)
- 6.1 percentage points
- Tamil Nadu & Kerala CPI Housing Inflation Decline (FY15-FY25)
- 4.5 percentage points
- Andhra Pradesh & Karnataka CPI Housing Inflation Decline (FY15-FY25)
- 4.2 percentage points
- Kerala Urban Housing Inflation (FY25)
- 2%
- Gujarat & Madhya Pradesh Urban Housing Inflation (FY25)
- 2.1%
- Tamil Nadu & Karnataka Urban Housing Inflation (FY25)
- 2.5%
- Maharashtra Urban Housing Inflation (FY25)
- 3%
- Bihar Urban Housing Inflation (FY25)
- 5.6%
- Haryana Urban Housing Inflation (FY25)
- 4.2%
- RBI Repo Rate Cuts (2025)
- 125 basis points
- Home Loan Rate Reduction (2025)
- 90 to 120 basis points
- EMI Savings for Rs 50 Lakh Loan (2025)
- Rs 3,000–Rs 4,000 per month
