India Scheduled Bank Deposits Rise 3.5% in Fortnight to Aug 31, 2026

RBI data shows scheduled commercial bank deposits (excluding interbank) rose to ₹27.87 lakh crore as of Aug 31, 2026, up 3.5% from Aug 15, indicating continued credit growth and liquidity absorption. Borrowings from banks fell 8.5% over the same period, suggesting reduced interbank funding needs. The data reflects steady deposit mobilization in the Indian banking system, with no major stress signals.