17-October-2026
Banking
 
Bank deposits hit record $3 trillion in September, boosted by dollar deposits scheme
16-Oct-2026

India's banking system deposits hit a record high of around 284 trillion rupees ($2.99 trillion) in the second half of September, central bank data showed on Thursday. Deposits rose by 21.67 trillion rupees in the first six months of the financial year, with most of the increase seen between June and August, when the central bank's discounted swap window to attract dollar inflows was in place.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-deposits-hit-record-3-trillion-in-september-boosted-by-dollar-deposits-scheme/articleshow/134965882.cms