**Executive Summary**
This press release, dated January 30, 2026, from the Reserve Bank of India, provides data on the sectoral deployment of bank credit for December 2025, collected from 41 select scheduled commercial banks (SCBs). The data reflects year-on-year growth trends and highlights key sectors contributing to the changes. The data provided covers the fortnight ended December 31, 2025.
**Key Points / Main Content**
* **Overall Credit Growth:**
* Non-food bank credit grew by 14.4% year-on-year as of the fortnight ended December 31, 2025, compared to 11.1% for the same period the previous year (December 27, 2024).
* **Sector-Specific Growth:**
* **Agriculture and Allied Activities:** Registered a y-o-y growth of 12.1% (compared to 12.5% in the corresponding fortnight of the previous year).
* **Industry:** Recorded a y-o-y growth of 13.3%, compared to 7.5% in the corresponding fortnight of last year.
* ‘Micro and Small’ industries showed sharp acceleration, with ‘Medium’ industries exhibiting robust expansion. Credit to large industries also increased.
* ‘Infrastructure’, ‘all engineering’, ‘basic metal and metal products’, ‘chemical and chemical products’, ‘textiles’, and ‘petroleum, coal products and nuclear fuels’ registered resilient y-o-y growth.
* **Services Sector:** Registered a growth rate of 15.3% y-o-y (compared to 11.5% in the corresponding fortnight of the previous year).
* Growth was supported by segments such as ‘non-banking financial companies' (NBFCs), ‘trade', and 'commercial real estate'.
* **Personal Loans:** Recorded a y-o-y growth of 14.4%, compared to 12.0% a year ago.
* Segments like ‘vehicle loans’ and 'loans against gold jewellery' sustained robust credit growth, ‘housing’ saw steady growth, while 'credit card outstanding' growth decreased.
**Impact Analysis**
* **Scheduled Commercial Banks (SCBs)**
**Impact**
* These banks are the source of the data used in the report. The data pertains to the last reporting fortnight of the month, based on sector-wise and industry-wise bank credit.
**Action Required**
* SCBs should be aware of the revised definition for the last reporting fortnight, effective December 31, 2025, aligned with the Banking Laws (Amendment) Act 2025. The year-on-year growth rates from December 2025 onwards are based on end-of-month data for the current year and the last reporting fortnight data from the previous year.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for regulating the banking sector and monetary policy.
Scheduled Commercial Banks (SCBs): Banks that are included in the Second Schedule of the Reserve Bank of India Act, 1934.
Sectoral Deployment of Bank Credit: Data on how bank credit is distributed across different sectors of the economy.
Mumbai: Location of the Department of Communication, Central Office of the Reserve Bank of India.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय �रज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, केंद्रीय कायार्लय, शहीद भगत िसंह मागर्, फोटर्, मुंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
January 30, 2026
Sectoral Deployment of Bank Credit – December 2025
Data on sectoral deployment of bank credit for the month of December 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,1 are set out in Statements I and II.
On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 14.4 per cent as on the
fortnight ended December 31, 2025, compared to 11.1 per cent during the corresponding
fortnight of the previous year (i.e., December 27, 2024).
Highlights of the sectoral deployment of bank credit as on the fortnight ended December
31, 2025, are given below:
• Credit to agriculture and allied activities registered a y-o-y growth of 12.1 per cent (12.5
per cent in the corresponding fortnight of the previous year).
• Credit to industry recorded a y-o-y growth of 13.3 per cent, compared with 7.5 per cent
in the corresponding fortnight of last year. While credit to ‘Micro and Small’ showed
sharp acceleration in growth, ‘Medium’ industries continued to exhibit robust expansion.
Credit to large industries also picked up. Among major industries, outstanding credit to
‘infrastructure’, ‘all engineering’, ‘basic metal and metal products’, ‘chemical and
chemical products, ‘textiles’ and ‘petroleum, coal products and nuclear fuels’ registered
resilient y-o-y growth.
• Credit to services sector registered a growth rate of 15.3 per cent y-o-y (11.5 per cent in
the corresponding fortnight of the previous year), supported by higher. growth in
segments such as ‘non-banking financial companies’ (NBFCs), ‘trade’ and ‘commercial
real estate’.
• Credit to personal loans segment recorded a y-o-y growth of 14.4 per cent, as compared
with 12.0 per cent a year ago. While segments such as ‘vehicle loans’ and ‘loans against
gold jewellery’ sustained robust credit growth, ‘housing’ witnessed steady growth while
‘credit card outstanding’ growth decreased.
Ajit Prasad
Press Release: 2025-2026/2019 Deputy General Manager
(Communications)
1Data pertain to the last reporting fortnight of the month, based on sector-wise and industry-wise bank credit
(SIBC) return. With effect from December 31, 2025, definition of last reporting fortnight has been changed to
the last day of the month under the Banking Laws (Amendment) Act 2025. Accordingly, the y-o-y growth
rates from December 2025 onwards are based on end-of-month data for the current year and data for the
last reporting fortnight (as per old definition) for the corresponding month of the previous year.
2Non-food credit data are based on Section-42 return which covers all scheduled commercial banks (SCBs).