Data for the month of May 2013 on sectoral deployment of credit collected from select 47 scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II. These data are also available in the Real-Time Handbook of Statistics on the Indian Economy (http://dbie.rbi.org.in).

Highlights of the data are given below:

• On a year-on-year (y-o-y) basis, non-food bank credit increased by 14.9 per cent in May 2013 as compared with the increase of 16.7 per cent in May 2012.

• Credit to agriculture increased by 11.2 per cent in May 2013, as compared with the increase of 14.2 per cent in May 2012.

• Credit to industry increased by 15.5 per cent in May 2013 as compared with the increase of 19.4 per cent in May 2012. Deceleration in credit growth to industry was observed in all the major sub-sectors, barring food processing, textiles, leather & leather products, wood & wood products, cement & cement products, gems & jewellery and infrastructure

• Credit to the services sector increased by 14.6 per cent in May 2013 as compared with the increase of 15.8 per cent in May 2012.

• Credit to NBFCs increased by 2.8 per cent in May 2013 as compared with the increase of 35.6 per cent in May 2012.

• Personal loans increased by 16.3 per cent in May 2013 as compared with the increase of 13.0 per cent in May 2012.

Ajit Prasad
Assistant General Manager

Press Release : 2012-2013/2208