Revised on April 29, 2013

Data on sectoral deployment of credit collected on a monthly basis from select 47 scheduled commercial banks accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks for the month of January 2013 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 14.6 per cent in January 2013 as compared with the increase of 15.9 per cent in January 2012. 

• Credit to agriculture increased by 19.8 per cent in January 2013, up from 6.3 per cent in January 2012. 

• Credit to industry increased by 15.2 per cent (y-o-y) in January 2013 as compared with the increase of 20.2 per cent in January 2012. Deceleration in credit growth to industry was observed in all the major sub-sectors, barring chemicals and chemical products; petroleum, coal products and nuclear fuels; beverage and tobacco; leather and leather products; wood and wood products; rubber, plastic and their products; and cement and cement products.

• Credit to the services sector increased by 12.0 per cent in January 2013 as compared with the increase of 15.1 per cent in January 2012.

• Credit to NBFCs increased by 21.6 per cent in January 2013 as compared with the increase of 30.6 per cent in January 2012. 

• Personal loans increased by 13.5 per cent in January 2013 as compared with the increase of 13.2 per cent in January 2012.

Alpana Killawala
Chief General Manager

Press Release : 2012-2013/1527