MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release:
Data on sectoral deployment of bank credit for the month1 of April 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all SCBs, are set out in Statements I and II.
On a year-on-year (y-o-y) basis, non-food bank credit2 as on the fortnight ended April 18, 2025, grew3 by 11.2 per cent as compared to 15.3 per cent during the corresponding fortnight of the previous year (i.e., April 19, 2024).
Highlights of the sectoral deployment of bank credit3 as on the fortnight ended April 18, 2025 are given below:
* Credit to agriculture and allied activities registered a growth of 9.2 per c...