Data on sectoral deployment of bank credit collected on a monthly basis from select 46 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 April 2016 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 sectoral deployment of bank credit are given below:

• On a year-on-year (y-o-y) basis, non-food bank credit increased by 8.4 per cent in April 2016 as compared with the increase of 8.9 per cent in April 2015.

• Credit to agriculture and allied activities increased by 15.3 per cent in April 2016 as compared with the increase of 14.1 per cent a year ago.

• Credit to industry increased by 0.1 per cent in April 2016 as compared with the increase of 5.9 per cent in April 2015. Credit growth declined for several sub-sectors, notably in food processing and infrastructure.

• Credit to the services sector increased by 10.9 per cent in April 2016 as compared with the increase of 6.6 per cent in April 2015.

• Personal loans increased by 19.7 per cent in April 2016, up from the increase of 15.7 per cent in April 2015.

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/2786