India bank deposits & credit by bank group
Quick answerPublic Sector Banks still hold the largest share of India’s scheduled-commercial-bank business — around
59% of deposits and
55% of credit — while
Private Sector Banks hold about
34% of deposits and
37% of credit.
Foreign Banks are around 4–5% and
RRBs, Small Finance & other banks about 3%. Private banks have been steadily gaining share. These are approximate recent shares — see
RBI DBIE for the exact, latest figures.
The chart above is a visual summary; the table below carries the same figures so they are readable without JavaScript — for accessibility and AI answer engines.
Approximate share of all-SCB deposits & credit by bank group (recent)
| Bank group | Deposit share | Credit share |
| Public Sector Banks | 59% | 55% |
| Private Sector Banks | 34% | 37% |
| Foreign Banks | 4% | 5% |
| RRBs, Small Finance & Other | 3% | 3% |
Approximate recent shares based on RBI DBIE bank-group-wise deposits & credit; figures are rounded and the exact, latest split is published by the RBI. Shares sum to ~100% across groups.
What it means for bankers
The bank-group split is the market-structure backdrop to everything else on BankPulse. Credit and deposit growth at the system level is the weighted sum of these groups, and the gradual shift of share from public to private banks shapes competition for sectoral lending and for low-cost CASA deposits. Public Sector Banks anchor financial inclusion and government schemes; Private Sector Banks have driven faster retail-loan growth; Foreign Banks concentrate in wholesale and trade finance. Group-wise data also frames asset-quality and bank-health comparisons, since PSBs and private banks have had very different NPA cycles.
Bank-group deposits & credit FAQ
Which bank group has the largest share of deposits in India?
Public Sector Banks (PSBs) hold the largest share of India's scheduled-commercial-bank deposits - of the order of 59% - followed by Private Sector Banks at about 34%, Foreign Banks around 4%, and RRBs, Small Finance Banks and others making up the remaining ~3%. These are approximate recent shares; RBI DBIE publishes the exact bank-group-wise figures.
What are the bank groups in India's banking statistics?
The RBI groups scheduled commercial banks into Public Sector Banks (government-majority-owned, e.g. SBI and the nationalised banks), Private Sector Banks (e.g. HDFC Bank, ICICI Bank, Axis Bank), Foreign Banks, Regional Rural Banks (RRBs) and Small Finance Banks (SFBs). Deposits and credit are reported for each group.
Are private banks gaining market share from public sector banks?
Yes. Over the past decade Private Sector Banks have steadily gained share of both deposits and credit at the expense of Public Sector Banks, though PSBs remain the largest group. Private banks tend to hold a slightly higher share of credit than of deposits, reflecting faster loan growth.
Where does this bank-group data come from?
The figures are based on the RBI's Database on the Indian Economy (DBIE) - the 'Deposits and Credit of Scheduled Commercial Banks - bank group-wise' tables - and the RBI's Basic Statistical Returns. Shares shown are approximate recent values; see RBI DBIE for the exact latest numbers.
Methodology & sources: see how BankPulse dashboards are sourced, verified & updated · machine-readable bank-group JSON feed.
Source: RBI Database on the Indian Economy (DBIE), “Deposits and Credit of Scheduled Commercial Banks – bank group-wise”,
dbie.rbi.org.in. Shares are approximate recent values and are rounded; for exact, latest figures see RBI DBIE. We never reproduce RBI text verbatim. Reviewed by
Vikram Jain. Last updated 19 Jun 2026, 02:49 IST.