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50 (b). Stocks of Financial Assets and Liabilities of Households - Select Indicators
Date : Jan 18, 2024
(Amount in ₹ Crore)
Item Jun-2020 Sep-2020 Dec-2020 Mar-2021
Financial Assets (a+b+c+d+e+f+g+h) 20405824.2 21066027.8 21906338.5 22874301.5
Per cent of GDP 107.2 111.5 114.0 115.4
(a) Bank Deposits (i+ii) 9977865.6 10242430.9 10389526.9 10897246.1
i. Commercial Banks 9192702.5 9454736.2 9598294.8 10060984.6
ii. Co-operative Banks 785163.1 787694.7 791232.1 836261.6
(b) Non-Bank Deposits        
of which:        
Other Financial Institutions 180857.4 189743.6 195639.6 188953.5
i. Non-Banking Financial Companies 51463.0 55226.1 58740.8 62262.0
ii. Housing Finance Companies 129394.4 134517.6 136898.8 126691.5
(c) Life Insurance Funds 4102000.7 4274424.9 4551882.0 4752932.3
(d) Currency 2434693.7 2455980.6 2547436.6 2614237.0
(e) Mutual funds 1343752.0 1443784.4 1648999.0 1730461.0
(f) Public Provident Fund (PPF) 663478.0 671884.3 678997.2 742189.5
(g) Pension Funds 464705.0 494930.0 548913.0 578025.0
(h) Small Savings (excluding PPF) 1238471.7 1292849.1 1344944.2 1370257.1
Financial Liabilities (a+b) 7190710.8 7229335.1 7399186.1 7767405.3
Per cent of GDP 37.8 38.3 38.5 39.2
Loans/Borrowings        
(a) Banking Sector 5728735.3 5741948.3 5881570.2 6158150.0
of which:        
i. Commercial Banks 5226482.2 5239696.0 5380210.4 5620260.7
ii. Co-operative Banks 500870.2 500865.3 499968.8 536494.1
(b) Other Financial Institutions 1461975.5 1487386.9 1517615.9 1609255.3
of which:        
i. Non-Banking Financial Companies 687643.6 709270.7 725191.9 790073.0
ii. Housing Finance Companies 673118.3 675993.4 689041.8 714377.9
iii. Insurance Corporations 101213.7 102122.8 103382.2 104804.4

No. 50 (b): Stocks of Financial Assets and Liabilities of Households- Select Indicators (Contd.)
(Amount in ₹ Crore)
Item Jun-2021 Sep-2021 Dec-2021 Mar-2022
Financial Assets (a+b+c+d+e+f+g+h) 23318920.4 23991428.3 24700622.2 25435684.2
Per cent of GDP 110.7 109.3 108.7 108.4
(a) Bank Deposits (i+ii) 10790817.3 10987922.4 11410315.3 11675198.2
i. Commercial Banks 9953043.9 10148485.7 10566752.7 10829078.8
ii. Co-operative Banks 837773.4 839436.7 843562.6 846119.4
(b) Non-Bank Deposits        
of which:        
Other Financial Institutions 205903.4 206074.1 203895.8 209855.7
i. Non-Banking Financial Companies 67234.6 66469.1 66542.3 70754.2
ii. Housing Finance Companies 138668.8 139605.0 137353.4 139101.6
(c) Life Insurance Funds 4929725.2 5142278.8 5213527.2 5357350.2
(d) Currency 2742897.3 2674266.1 2737059.4 2883904.4
(e) Mutual funds 1855000.1 2064363.5 2126112.0 2152140.5
(f) Public Provident Fund (PPF) 757397.8 762264.0 767287.3 834147.6
(g) Pension Funds 616517.0 667379.0 699173.0 736592.0
(h) Small Savings (excluding PPF) 1420662.3 1486880.4 1543252.3 1586495.5
Financial Liabilities (a+b) 7755119.8 7868215.0 8256715.7 8668329.0
Per cent of GDP 36.8 35.9 36.3 36.9
Loans/Borrowings        
(a) Banking Sector 6172863.3 6231128.1 6559106.7 6934620.2
of which:        
i. Commercial Banks 5640516.1 5700327.0 6025626.4 6389789.3
ii. Co-operative Banks 530937.1 529376.2 532040.6 543376.3
(b) Other Financial Institutions 1582256.5 1637086.9 1697609.1 1733708.8
of which:        
i. Non-Banking Financial Companies 755315.1 784191.9 813668.4 811505.2
ii. Housing Finance Companies 721510.0 745913.7 775408.5 812844.7
iii. Insurance Corporations 105431.4 106981.2 108532.1 109358.8

No. 50 (b): Stocks of Financial Assets and Liabilities of Households- Select Indicators (Concld.)
(Amount in ₹ Crore)
Item Jun-2022 Sep-2022 Dec-2022 Mar-2023
Financial Assets (a+b+c+d+e+f+g+h) 25689017.4 26240728.5 27208717.9 28083947.0
Per cent of GDP 103.2 101.5 102.4 103.1
(a) Bank Deposits (i+ii) 11911196.2 11956360.9 12421907.5 12701761.3
i. Commercial Banks 11060527.2 11106712.0 11564354.7 11821685.0
ii. Co-operative Banks 850669.0 849648.9 857552.8 880076.4
(b) Non-Bank Deposits        
of which:        
Other Financial Institutions 216170.2 218246.9 224882.5 228542.9
i. Non-Banking Financial Companies 74794.4 78061.6 79862.5 85234.7
ii. Housing Finance Companies 141375.8 140185.3 145020.0 143308.2
(c) Life Insurance Funds 5325967.3 5559681.9 5786592.6 6038630.4
(d) Currency 2950343.2 2895763.9 2972524.0 3121514.2
(e) Mutual funds 2048097.3 2260209.7 2355315.8 2367792.5
(f) Public Provident Fund (PPF) 851913.4 858591.1 864730.6 939814.6
(g) Pension Funds 744459.2 799889.0 853412.0 898342.0
(h) Small Savings (excluding PPF) 1640870.6 1691985.1 1729352.9 1787549.1
Financial Liabilities (a+b) 8957470.6 9310471.8 9781859.9 10253472.2
Per cent of GDP 36.0 36.0 36.8 37.6
Loans/Borrowings        
(a) Banking Sector 7169465.5 7433248.0 7801415.3 8153970.3
of which:        
i. Commercial Banks 6620073.1 6881338.5 7246643.0 7580935.6
ii. Co-operative Banks 547894.8 550354.8 553201.4 571339.8
(b) Other Financial Institutions 1788005.1 1877223.8 1980444.6 2099501.9
of which:        
i. Non-Banking Financial Companies 840786.9 895226.5 971105.3 1051401.1
ii. Housing Finance Companies 835181.3 868212.5 893115.8 929861.7
iii. Insurance Corporations 112036.9 113784.8 116223.5 118239.1
Note : 1. Data as ratios to GDP have been calculated based on the Provisional Estimates of National Income 2022-23, released by NSO on May 31, 2023.
2. Pension funds comprises funds with the National Pension Scheme.
3. Outstanding deposits with Small Savings are sourced from the Controller General of Accounts, Government of India.
4. Non-bank deposits apart from other financial institutions, comprises state power utilities, co-operative non credit societies etc. Data for outstanding deposits are available only for other financial institutions.
5. Figures in the columns may not add up to the total due to rounding off.

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