The forex reserves stood at $1,45,555 million, according to the Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.
Foreign currency assets also increased by $1,560 to $1,39,559 million as on September 2, RBI said.
The rise in inflows is primarily due to revaluation of non-US foreign currencies such as Euro, Sterling and Yen, analysts said.
While gold reserves increased by $140 million to $ 4,535, and Special Drawing Rights remained static at $4 million, it said.
The country's reserve tranche position increased by $ 14 million to $1,457 million, it said.
During the fortnight ended August 26, aggregate deposits rose by Rs 12,020 crore (0.7 per cent) to Rs 18,41,252 crore (Rs 18412.52 billion), RBI said.
Demand deposits fell by Rs 3,086 crore (Rs 30.86 billion) to Rs 2,78,674 crore (Rs 2786.74 billion) while time deposits rose by Rs 15,106 crore (Rs 151.06 billion) to Rs 15,62,577 crore (Rs 15625.77 billion).
Bank credit grew by Rs 17,038 crore (1.4 per cent) to Rs 12,01,498 crore (Rs 12014.98 billion).
The food credit increased by Rs 558 crore (Rs 5.58 billion) to Rs 40,113 crore (Rs 401.13 billion) while non-food credit also grew by Rs 16,481 crore (Rs 164.81 billion) to Rs 11,61,385 crore (Rs 11613.85 billion), it added.