Sectoral Deployment of Bank Credit – August 2026
Data on sectoral deployment of bank credit for the month of August 2026, 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 credit 2 grew by 18.8 per cent as on the fortnight ended August 31, 2026, compared to 10.2…
In the second fortnight of August 2026, bank credit for various sectors experienced notable growth. Non-food bank credit increased by 18.8 percent compared to 10.2 percent in the same period last year. Agriculture and allied activities saw a 17.2 percent growth, while industry grew by 18.2 percent. Large and medium industries expanded rapidly, whereas micro and small industries maintained steady growth.
Major industries like infrastructure, engineering, metal products, chemicals, food processing, textiles, construction, and petroleum products also showed strong credit growth. The services sector expanded by 24.3 percent, driven by robust growth in non-banking financial companies, trade, professional services, and commercial real estate.
Personal loans saw a 16.9 percent growth, outpacing other segments such as housing and vehicle loans, where growth remained double-digit, while credit card outstanding and gold jewelry loans saw a slowdown.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
