RBI Report Shows 11.5 Percent Bank Deposit Growth in FY 2025-26

Data from the Reserve Bank of India for the fiscal year ending March 2026 shows deposit growth among Scheduled Commercial Banks (SCBs) quickened to 11.5%, up from 10.6% the prior year. A consistent multi-year trend has reshaped deposit portfolios: savings deposits dropped from 34.6% in 2022 to 28.7% by March 2026, while term deposits grew to 61.6%.

Public sector banks remained the primary engine for this growth, securing 50.8% of incremental deposits, followed by private sector lenders at 38.6%. Regional Rural Banks (RRBs) saw their contribution slide slightly to 2.9%. While the household sector remains the largest stakeholder at 59.3%, both non-financial and financial corporate entities increased their relative deposit shares.

The data highlights a preference for mid-term instruments, with deposits maturing in one to three years climbing to 69.8% of total term deposits. Furthermore, the report notes a surge in term deposits earning less than 7% interest, which reached 61.8% of the total. A new district-level gender-disaggregated data series has also been introduced in this publication cycle.

Glossary

BSR-2: The annual Basic Statistical Return on deposits with Scheduled Commercial Banks, providing granular data on ownership, maturity, and interest rates.

Scheduled Commercial Banks (SCBs): Banks included in the second schedule of the RBI Act, 1934, covering public, private, and regional rural banks.