Bank credit saw a significant 16% rise, reaching ₹219 lakh crore. Deposits grew 13.4% to ₹267.8 lakh crore by March 31, 2026. Investments also increased by 4.7%. This year-end surge in deposits and credit is a common trend. In the last fortnight alone, banks gathered ₹12 lakh crore in deposits and lent ₹6.1 lakh crore.
Mumbai: Bank credit rose 16% while deposits increased 13.4% year-on-year as of the fiscal year ended March 31, 2026, data released by the Reserve Bank of India showed. Total deposits stood at ₹267.8 lakh crore, while bank credit, or advances, was at ₹219 lakh crore. Investments grew 4.7% to ₹71.4 lakh crore.
Deposit and credit growth typically pick up towards the end of the financial year as companies park surplus cash, governments step up spending and banks push year-end lending, while investment growth tends to be more measured amid careful balance-sheet positioning and liquidity management by banks.
As of April 4, 2025, bank credit stood at ₹188.7 lakh crore, while aggregate deposits were at ₹236.2 lakh crore, the data showed.
In absolute terms, deposits rose ₹31.7 lakh cr while bank credit was up ₹30.1 lakh cr: RBI
In absolute terms, deposits rose ₹31.7 lakh crore while bank credit increased ₹30.1 lakh crore on a YoY basis. In the last fortnight, banks mobilised about ₹12 lakh crore in deposits and disbursed ₹6.1 lakh crore in loans, RBI data showed.
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