Value of deposits at public sector banks India FY 2018-2022

At the end of fiscal year 2022, the total value of deposits at public sector banks across India amounted to approximately 10.7 trillion Indian rupees. This marked a steady growth of deposits each fiscal year. In fact, in 2021, the aggregate deposit growth for public sector banks in the country was up by approximately 8.5 percent compared to the previous year.
Public sector banks in India consist of 19 nationalized banks, the State Bank of India and other associate banks of the State Bank of India. At the same time, the government of India was the major stakeholder in all these banks.