Bank Deposit Growth
Latest reading: 17.8 % y-o-y for Fortnight ended 31 Aug 2026 (+3.1 pp fortnight-on-fortnight).
Bank Deposit Growth
Year-on-year growth in aggregate deposits of scheduled commercial banks, the funding base for bank lending.
What it means
Year-on-year growth in aggregate deposits of scheduled commercial banks, the funding base for bank lending.
Conflict resolved: 17.8% refers to the fortnight ended 31 Aug. Outstanding ~₹278.7 lakh crore; deposits rose ~₹9.4-9.5 trillion in the fortnight, driven by FCNR(B) inflows before RBI's concessional swap window closed on 31 Aug. Previous 14.7% at 15 Aug. Cross-checked across Business Standard, Rediff and Mint. RBI WSS not read directly. CHECK 25 Sep: RBI Weekly Statistical Supplement for this week is due today ~5 PM IST and was not out at run time (4:30 PM IST).
Release details
- Category
- MONETARY
- Frequency
- FORTNIGHTLY
- Previous
- 14.7
- Benchmark
- MacroNest anchor: deposit growth keeping pace with credit
- Released
- 2026-09-11
- Next release
- Expected: 2026-09-25
- Source
- RBI — Weekly Statistical Supplement
Key questions about Bank Deposit Growth
What is the current Bank Deposit Growth?
Bank Deposit Growth stands at 17.8 % y-o-y for Fortnight ended 31 Aug 2026, against 14.7 % y-o-y previously (+3.1 pp fortnight-on-fortnight). Year-on-year growth in aggregate deposits of scheduled commercial banks, the funding base for bank lending.
Who publishes the Bank Deposit Growth data?
Bank Deposit Growth is published by RBI — Weekly Statistical Supplement on a fortnightly basis. Release window: Alternate Fridays with RBI WSS. The next update is expected on Expected: 2026-09-25.
What is a healthy level for Bank Deposit Growth?
The reference benchmark used on MacroNest is: MacroNest anchor: deposit growth keeping pace with credit. The latest reading of 17.8 % y-o-y is currently assessed as "Deposit growth at 15-year high".
Why does Bank Deposit Growth matter?
Monetary indicators set the price of money in the economy and flow through to deposit rates, floating-rate loan EMIs and bond yields. Year-on-year growth in aggregate deposits of scheduled commercial banks, the funding base for bank lending.