Economy - Reports
31-Dec-2025 16:31
Non-food bank credit rises 11.40% on year, personal loans segment clocks surge of nearly 13%
Reserve Bank of India (RBI) has released sectoral deployment of bank credit for the month of November 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. On a year-on-year (y-o-y) basis, non-food bank credit grew by 11.4 per cent as on the fortnight ended November 28, 2025, compared to 10.6 per cent during the corresponding fortnight of the previous year (i.e., November 29, 2024).
RBI noted that credit to agriculture and allied activities registered a y-o-y growth of 8.7 per cent (15.3 per cent in the corresponding fortnight of the previous year). Credit to industry recorded a y-o-y growth of 9.6 per cent, compared with 8.3 per cent in the corresponding fortnight of last year. Credit to ‘Micro and Small’ and ‘Medium’ industries continued to exhibit double-digit expansion. Among major industries, outstanding credit to ‘infrastructure’, ‘all engineering’, ‘textiles’ and ‘petroleum, coal products and nuclear fuels’ registered buoyant y-o-y growth.
Credit to services sector registered a growth rate of 11.7 per cent y-o-y (12.8 per cent in the corresponding fortnight of the previous year). Growth in segments such as ‘non-banking financial companies’ (NBFCs) and ‘computer software’ improved. Segments such as ‘trade’ and ‘commercial real estate’ also registered healthy growth, albeit with a marginal deceleration. Credit to personal loans segment recorded a y-o-y growth of 12.8 per cent, as compared with 13.4 per cent a year ago. While segments such as ‘vehicle loans’ and ‘loans against gold jewellery’ sustained steady credit growth, ‘housing’ and ‘credit card outstanding’ witnessed moderation.
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