MUMBAI, India, April 30 -- Reserve Bank of India issued the following press release:
Data on sectoral deployment of bank credit for the month1 of March 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit deployed 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 March 21, 2025, grew3 by 12.0 per cent as compared to 16.3 per cent during the corresponding fortnight of the previous year (i.e., March 22, 2024).
Highlights of the sectoral deployment of bank credit3 are given below:
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Credit to agriculture and allied activities registered a growth of 10.4 per cent (y-o-y) as on the fortni...