<ul data-eligibleForWebStory="false"><li>Deposits of all scheduled banks in India surged by ₹3,54,532 crore, surpassing the credit growth of ₹1,69,156 crore in the latest reporting fortnight.</li><li>The trend of deposit growth surpassing credit growth initiated in May, with figures standing at 10.1% and 9.8% respectively as of May 30.</li><li>Money flowing back into banks due to expensive investment alternatives like equities and gold, coupled with trade uncertainties and geopolitical tensions like the Israel-Iran conflict.</li><li>RBI's data for May 2025 indicates a decline in credit deployment across various sectors compared to the previous year, including agriculture, industry, services, and personal loans.</li></ul>

Bank deposits outstrip credit growth: RBI

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