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 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.
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.
