Data for the month of July 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 14.8 per cent in July 2013 as compared with the increase of 16.6 per cent in July 2012.

• Credit to agriculture increased by 10.5 per cent in July 2013, as compared with the increase of 17.6 per cent in July 2012.

• Credit to industry increased by 15.9 per cent in July 2013 as compared with the increase of 18.4 per cent in July 2012; credit growth accelerated in the following major sub-sectors: food processing, gems & jewellery, cement & cement products, wood & wood products, infrastructure, chemical & chemical products, metals, paper, textiles, leather & leather products and beverages & tobacco.

• Credit to the services sector increased by 13.3 per cent in July 2013 as compared with the increase of 14.8 per cent in July 2012.

• Credit to NBFCs increased by 5.4 per cent in July 2013 as compared with the increase of 35.4 per cent in July 2012.

• Personal loans increased by 17.0 per cent in July 2013 as compared with the increase of 13.7 per cent in July 2012.

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/452