Business / What is the total amount deposited in banks in India?

As per RBI, total deposits in banks increased by 9.8% to ₹155.49 lakh crore in the fortnight ended July 30, 2021 from ₹141.61 lakh crore as on July 31, 2020. At the same time, the total credit disbursed by banks increased by 6.11% to ₹ 109.1 lakh crore till July 30, 2021 from ₹ 102.82 lakh crore in the same period last year.

Vikrant Shekhawat : Aug 14, 2021, 07:04 AM
Mumbai: Bank credit grew by 6.11 per cent to ₹109.1 lakh crore and deposits by 9.8 per cent to ₹155.49 lakh crore in the fortnight ended July 30, according to RBI data.

Bank advances stood at ₹102.82 lakh crore and deposits at ₹141.61 lakh crore in the fortnight ended July 31, 2020, according to RBI's Scheduled Banks' Statement of Position in India as on July 30, 2021 that was released on Thursday.

In the previous fortnight ended July 16, 2021, bank credit increased by 6.45 per cent and deposits by 10.65 per cent.

In 2020-21, bank credit increased by 5.56 per cent and deposits by 11.4 per cent.