Sectoral Deployment of Bank Credit – December 2025

Data on sectoral deployment of bank credit for the month of December 2025, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs,¹ are set out in Statements I and II.

On a year-on-year (y-o-y) basis, non-food bank credit² grew by 14.4 per cent as on the fortnight ended December 31, 2025, compared to 11.1 per cent during the corresponding fortnight of the previous year (i.e., December 27, 2024).

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

• Credit to agriculture and allied activities registered a y-o-y growth of 12.1 per cent (12.5 per cent in the corresponding fortnight of the previous year).

• Credit to industry recorded a y-o-y growth of 13.3 per cent, compared with 7.5 per cent in the corresponding fortnight of last year. While credit to ‘Micro and Small’ showed sharp acceleration in growth, ‘Medium’ industries continued to exhibit robust expansion. Credit to large industries also picked up. Among major industries, outstanding credit to ‘infrastructure’, ‘all engineering’, ‘basic metal and metal products’, ‘chemical and chemical products, ‘textiles’ and ‘petroleum, coal products and nuclear fuels’ registered resilient y-o-y growth.

• Credit to services sector registered a growth rate of 15.3 per cent y-o-y (11.5 per cent in the corresponding fortnight of the previous year), supported by higher. growth in segments such as ‘non-banking financial companies’ (NBFCs), ‘trade’ and ‘commercial real estate’.

• Credit to personal loans segment recorded a y-o-y growth of 14.4 per cent, as compared with 12.0 per cent a year ago. While segments such as ‘vehicle loans’ and ‘loans against gold jewellery’ sustained robust credit growth, ‘housing’ witnessed steady growth while ‘credit card outstanding’ growth decreased.

Ajit Prasad           
Deputy General Manager
(Communications)    

Press Release: 2025-2026/2019

¹ Data pertain to the last reporting fortnight of the month, based on sector-wise and industry-wise bank credit (SIBC) return. With effect from December 31, 2025, definition of last reporting fortnight has been changed to the last day of the month under the Banking Laws (Amendment) Act 2025. Accordingly, the y-o-y growth rates from December 2025 onwards are based on end-of-month data for the current year and data for the last reporting fortnight (as per old definition) for the corresponding month of the previous year.

² Non-food credit data are based on Section-42 return which covers all scheduled commercial banks (SCBs).