Bank deposits up 17.3% and loans up 18.1% in a year to September 15
RBI's fortnightly statement shows banks held ₹276.2 lakh crore in deposits and had lent ₹223.3 lakh crore on September 15, 2026, both well up on a year ago.
Official title: Scheduled Banks’ Statement of Position in India as on September 15, 2026 · Press Release 2026-2027/1215
What happened
This is RBI's routine fortnightly snapshot of the books of all scheduled commercial banks. On September 15, 2026, they held ₹2,76,23,066 crore (about ₹276 lakh crore) in deposits from the public, 17.3% more than on the matching date a year earlier (September 19, 2025). Their loans stood at ₹2,23,29,258 crore, up 18.1%.
Compared with August 31, both numbers dipped a little: deposits fell by about ₹2.5 lakh crore and loans by about ₹58,000 crore. Short swings like this inside a month are common and the release does not explain them. Banks borrowed only ₹1,038 crore from RBI, against ₹57,401 crore a year ago, a sign they have plenty of cash of their own. They held ₹73.1 lakh crore in central and state government bonds.
What it means for you
No direct effect. Deposits and loans both growing near 17 to 18% a year means banks have money to lend and are lending it, which usually keeps home, car and personal loans easy to get.
What it means for businesses
Bank credit is growing fast, so most borrowers should find lenders willing. For banks, loans growing slightly faster than deposits means they may compete harder for deposits over time.
Read the original
Press release on rbi.org.in ↗ Official PDF ↗
This explainer simplifies the official text. If anything here differs from the RBI's release, the release is right.