Scheduled commercial banks in India reported total deposits of ₹28.4 lakh crore as of September 30, 2026, marking an increase from ₹27.6 lakh crore recorded on September 15, 2026, according to the Reserve Bank of India (RBI). The data includes deposits from all scheduled banks, including regional rural banks, small finance banks, and payment banks.
The RBI’s statement of position shows that demand deposits rose to ₹3.74 lakh crore, while time deposits reached ₹24.66 lakh crore by the end of September. Borrowings from banks decreased slightly to ₹79,278 crore, and borrowings from the RBI increased to ₹6,451 crore. Other demand and time liabilities also saw a rise, totaling ₹61,271 crore. These figures reflect the banking sector’s liquidity and funding status as reported on October 3, 2025, and September 15 and 30, 2026.
This growth in deposits underscores a steady inflow of funds into the banking system amid ongoing economic activity. The increase in demand deposits suggests higher liquidity available for immediate use, while the rise in time deposits indicates continued customer confidence in longer-term savings. The borrowings from the RBI, although higher than mid-September, remain modest relative to overall deposits, highlighting the sector’s reliance on market funding sources.
The RBI’s detailed statement on scheduled banks’ position as of September 30, 2026, provides a comprehensive snapshot of the sector’s financial health, with total deposits reaching ₹28,395,692.65 crore. This data will be crucial for policymakers and market participants monitoring banking sector stability and liquidity.