Data on sectoral deployment of bank credit collected on a monthly basis from select 46 scheduled commercial banks, accounting for about 95% of the total non-food credit deployed by all scheduled commercial banks, for the month of August 2015 are set out in Statements I and II.
These data are also available in the Real-Time Handbook of Statistics on the Indian Economy.
Highlights of the data are given below:
- On a year-on-year (y-o-y) basis, non-food bank credit increased by 8.4 per cent in August 2015 as compared with the increase of 10.2 per cent in August 2014.
- Credit to agriculture and allied activities increased by 12.1 per cent in August 2015 as compared with the increase of 18.8 a year ago.
- Credit to industry increased by 5.0 per cent in August 2015 as compared with the increase of 7.8 per cent in August 2014.
- Deceleration in credit growth to industry was observed in all major sub-sectors barring basic metal, all engineering, chemical and chemical products and gems and jewellery.
- Credit to the services sector increased by 5.9 per cent in August 2015 as compared with the increase of 8.3 per cent in August 2014.
- Personal loans increased by 17.3 per cent in August 2015, up from the increase of 13.4 per cent in August 2014.
