Banking system deposits surged nearly ₹7 lakh crore during the fortnight ended June 30, 2026, the third-highest fortnightly rise in 29 years, according to SBI Research. About ₹3.5-4 lakh crore of the increase was driven by quarter-end deposit mobilisation. The remaining growth was attributed to possible higher capital inflows through FCNR(B), ECB and OFCB routes.