Indian banks' position: deposits rise, credit expands by June 15
The Reserve Bank of India released the statement of position for scheduled banks as of June 15, 2026. The data shows an increase in deposits and bank credit compared to previous periods.
Deposits and credit show continued expansion
As of June 15, 2026, all scheduled banks in India reported total deposits (excluding inter-bank deposits) of ₹26,386,150.37 crore.
This figure represents a notable increase from ₹23,562,110.95 crore on June 13, 2025, indicating sustained growth in public savings.
Demand deposits contributed ₹3,249,742.88 crore, while time deposits accounted for the larger share at ₹23,136,407.49 crore.
Concurrently, total bank credit, excluding inter-bank advances, expanded to ₹22,059,295.52 crore by mid-June 2026, up from ₹18,783,765.86 crore a year prior.
Loans, cash credits, and overdrafts formed the bulk of this credit, totaling ₹21,622,515.31 crore.
This expansion in both deposits and credit highlights the ongoing financial intermediation within the Indian banking sector, supporting economic activity and reflecting public confidence.
Investments and RBI borrowings in focus
Scheduled banks' investments totaled ₹7,251,979.14 crore by June 15, 2026, with the vast majority, ₹7,240,340.30 crore, held in Central and State Government securities.
Borrowings from the Reserve Bank of India saw a notable reduction, falling to ₹32,882.00 crore from ₹92,900.00 crore at the end of May 2026, suggesting improved liquidity conditions.
Cash holdings stood at ₹79,186.56 crore, and balances with the RBI were ₹770,033.48 crore.
The statement also provides a breakdown of the banking landscape, noting 120 Scheduled Commercial Banks, 26 Scheduled State Co-operative Banks, and 55 Scheduled Primary (Urban) Co-operative Banks operating in the current fortnight.
Routine data, crucial insights
This routine data release offers a critical, granular snapshot of India's banking sector health.
While not signaling policy shifts, it provides essential metrics for analysts tracking financial stability and credit growth trends.
Its consistent publication underscores the RBI's commitment to transparency in monitoring the financial system.