Scheduled commercial banks' deposits reach ₹28,395,692.65 crore at the end of September
16 October 2026
The Reserve Bank of India has released the Scheduled Banks' Statement of Position in India as on September 30, 2026. Total deposits of scheduled commercial banks stood at ₹28,395,692.65 crore and bank credit, excluding inter-bank advances, at ₹22,994,657.51 crore. For all scheduled banks taken together, deposits were ₹28,955,375.06 crore and bank credit ₹23,509,866.26 crore. The statement compares the position with the corresponding reporting Friday of the previous year, October 3, 2025, and with the previous fortnight ended September 15, 2026. The statement is compiled fortnightly from the returns that scheduled banks file with the Reserve Bank.
In plain words
Scheduled bank A bank included in the Second Schedule to the Reserve Bank of India Act, 1934 — Such banks must meet capital and other conditions and can borrow from the Reserve Bank.