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Date : Nov 28, 2022
RBI releases 'Quarterly Statistics on Deposits and Credit of SCBs: September 2022’

Today, the Reserve Bank released quarterly statistics on deposits and credit of scheduled commercial banks (SCBs), September 2022 on its Database on Indian Economy (DBIE) portal (web-link:!3). These data are collected from all SCBs under the Basic Statistical Return (BSR) – 7 system1, and statistics on bank credit and deposits are being released as per geography, population group and bank group level disaggregation.


  1. Bank credit growth improved further to 17.2 per cent (y-o-y) in September 2022 from 14.2 per cent a quarter ago and 7.0 per cent a year ago.

  2. Credit growth remained broad-based: all population groups and bank groups recorded double digit annual growth.

  3. Aggregate deposits growth (y-o-y), which remained in the close range of 9.5-10.2 per cent since June 2021, stood at 9.8 per cent in September 2022; since December 2020, bank branches in metropolitan centres have been recording higher annual growth than those in rural, semi-urban and urban areas.

  4. Private sector bank group has been outpacing public sector banks, foreign banks and regional rural banks in deposit mobilisation.

  5. Growth (y-o-y) in term deposits rose to 10.2 per cent in September 2022 from 6.4 per cent a year ago, whereas current and savings deposits growth moderated to 8.8 per cent and 9.4 per cent from 17.5 per cent and 14.5 per cent, respectively, a year ago.

  6. The share of savings deposit in total deposits, which increased from 32.4 per cent in June 2019 to a peak of 35.2 in June 2022, moderated marginally to 34.7 in the latest quarter.

  7. All-India credit-deposit (C-D) ratio increased further to 74.8 per cent in September 2022 from 73.5 per cent a quarter ago and 70.0 per cent a year ago; C-D ratio for metropolitan bank branches, which have a dominant share in the banking business, stood much higher at 87.6 per cent in September 2022 (82.8 per cent a year ago).

Director (Communications)

Press Release: 2022-2023/1264

1 Aggregate data based on fortnightly ‘Form-A’ Return [collected under Section 42(2) of the RBI Act, 1934] for the reporting Fridays of September 2022 were published earlier on the RBI’s website (Home>Statistics>Data Releases> Fortnightly> Scheduled Bank's Statement of Position in India) and aggregate level monthly Sectoral Deployment of Bank Credit data for September 2022 reported by selected banks were also released on the website (Home>Statistics>Data Releases>Monthly> Data on Sectoral Deployment of Bank Credit).