Important data releases and events to look out for next week

Purchasing managers index - manufacturing and services data of the United States, and more

JULY 20 

India: Credit and deposit growth of scheduled commercial banks and foreign exchange reserves 

On Friday, the Reserve Bank of India (RBI) will release data on bank credit and deposit growth up to June 29. It will be interesting to observe whether bank credit, which as per the previous release had expanded by 12.8 per cent, will continue its upward march. Separately, the RBI will also release data on foreign exchange reserves which will provide insights into the RBI's recent interventions in the foreign exchange market. 

Previous reading (June 22)

Forex reserves: $405.81 billion 

Bank deposits: 7.6%

Bank Credit: 12.8%

JULY 24