Data on sectoral deployment of bank credit for the month¹ of October 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all SCBs, are set out in Statements I and II.
On a year-on-year (y-o-y) basis, non-food bank credit² grew³ by 11.1 per cent as on the fortnight ended October 31, 2025, compared to 11.7 per cent during the corresponding fortnight of the previous year (i.e., November 01, 2024). 

Highlights of the sectoral deployment of bank credit³ as on the fortnight ended October 31, 2025, are given below:

• Credit to agriculture and allied activities registered a y-o-y growth of 8.9 per cent (15.5 per cent in the corresponding fortnight of the previous year).

• Credit to industry recorded a y-o-y growth of 10.0 per cent, compared with 8.1 per cent in the corresponding fortnight of last year. Credit to ‘Micro and Small’ and ‘Medium’ industries continued to expand in double-digits. Among major industries, outstanding credit to ‘all engineering’, ‘infrastructure’, ‘construction’, ‘textiles’ and ‘vehicles, vehicle parts and transport equipment’ recorded buoyant y-o-y growth.

• Credit to services sector registered a growth rate of 13.0 per cent y-o-y (12.5 per cent in the corresponding fortnight of the previous year). Growth in segments such as ‘non-banking financial companies’ (NBFCs) and ‘trade’ picked up, while ‘commercial real estate’ sustained steady growth.

• Credit to personal loans segment recorded a y-o-y growth of 14.0 per cent, as compared with 12.9 per cent a year ago. This improvement in growth was driven largely by ‘housing’, ‘loans against gold jewellery’ and ‘vehicle loans’.

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2025-2026/1578

¹ Data pertain to the last reporting Friday of the month, based on sector-wise and industry-wise bank credit (SIBC) return.

² Non-food credit data are based on Section-42 return for the last reporting Friday of the month, which covers all scheduled commercial banks (SCBs).

³ Data include the impact of the merger of a non-bank with a bank.