MUMBAI, India, Aug. 29 -- Reserve Bank of India issued the following press release:
Data on sectoral deployment of bank credit for the month1 of July 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 grew3 by 9.9 per cent as on the fortnight ended July 25, 2025, compared to 13.6 per cent during the corresponding fortnight of the previous year (i.e., July 26, 2024).
Highlights of the sectoral deployment of bank credit3 as on the fortnight ended July 25, 2025 are given below:
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Credit to agriculture and allied activities registered a y-o-y growth of 7.3 per c...