Document title: Quarterly Basic Statistical Return (BSR)-2 on Deposits with Scheduled Commercial Banks – June 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release: 2026-2027/1001
Date: June 2026
Banking and Credit
The Reserve Bank’s quarterly BSR‑2 data show that total deposits with scheduled commercial banks (excluding regional rural banks) increased by 11.5 per cent year‑on‑year as of the quarter ended June 2026. This growth marginally exceeds the 11.3 per cent recorded a year earlier and is slightly below the 11.6 per cent growth observed in the preceding quarter. Growth was led by semi‑urban and rural branches, which outpaced the aggregate rate.
Private sector banks recorded an accelerated deposit growth of 13.8 per cent, a rise of 1.4 percentage points from the previous year, while public sector banks posted a modest increase to 10.3 per cent, up from 10.2 per cent a year ago.
The household sector remained the dominant depositor, accounting for 58.8 per cent of total deposits at end‑June 2026 and contributing 98.9 per cent of the incremental deposits recorded during the quarter.
Term deposits were the primary driver of deposit accumulation, expanding by 12.9 per cent. This outpaced the growth of current deposits (5.3 per cent) and savings deposits (10.6 per cent). Within term deposits, those with an original maturity of one to three years represented nearly 70.0 per cent of the total, while short‑term deposits (up to one year) comprised 20.4 per cent.
The share of term deposits bearing an interest rate of less than 7 per cent rose to more than two‑thirds of total term deposits as of June 2026, up from 35.0 per cent a year earlier. Deposits of size Rs 1 crore and above accounted for 47.3 per cent of total term deposits, of which 35.7 per cent originated from deposits of Rs 5 crore and above.
These statistics provide a detailed view of deposit composition, maturity profile, and interest‑rate distribution across scheduled commercial banks for the June 2026 quarter.