Scheduled commercial banks in India reported a rise in both credit and deposits for the quarter ending June 2026, according to the Reserve Bank of India (RBI). The Quarterly Basic Statistical Return (BSR)-1 on Credit and BSR-2 on Deposits released this week show the banking sector's financial activity during this period.
The BSR-1 report details the credit extended by scheduled commercial banks, while the BSR-2 report covers deposits held with these banks. These quarterly returns are compiled by the RBI to provide a comprehensive overview of banking sector performance. The data reflects the aggregate lending and deposit mobilization by banks across India as of June 2026, underscoring the sector's ongoing role in financial intermediation.
These reports are critical for assessing the health of the banking system and the broader economy. Credit growth indicates the demand for funds by businesses and consumers, while deposit growth reflects public confidence in banks. The RBI uses this data to monitor liquidity and credit conditions, which influence monetary policy decisions. The June 2026 data continues the trend of steady banking sector activity seen in previous quarters.
The RBI's official press releases for the Quarterly Basic Statistical Returns on Credit and Deposits were published this week, providing detailed statistics on the banking sector's performance for June 2026.