**Summary:**
This press release from the Reserve Bank of India (RBI), dated August 29, 2025, reports on the sectoral deployment of bank credit for July 2025. The data, collected from 41 select scheduled commercial banks (SCBs) representing approximately 95% of total non-food credit by all SCBs, indicates that non-food bank credit grew by 9.9% year-on-year (yoy) as of the fortnight ended July 25, 2025. This is a decrease compared to the 13.6% growth during the corresponding period of the previous year (July 26, 2024).
Key highlights include:
* Credit to agriculture and allied activities grew by 7.3% yoy, down from 18.1% the previous year.
* Credit to industry showed a moderated yoy growth of 6.0%, compared to 10.2% in the corresponding fortnight of the previous year. Micro and small, and medium industries maintained robust growth. Several major industries including engineering, vehicles/vehicle parts/transport equipment, rubber/plastics/products, and gems/jewellery recorded healthy yoy growth.
* The services sector experienced a 10.6% yoy growth, lower than the 14.5% in the corresponding period last year. Credit growth to non-banking financial companies (NBFCs) decelerated, while professional services, commercial real estate, and trade segments saw robust credit growth.
* Personal loans registered a decelerated yoy growth of 11.9%, compared to 14.0% a year ago, primarily due to moderation in other personal loans, vehicle loans, and credit card outstanding.
For further information, contact Ajit Prasad, Deputy General Manager, Communications, at helpdocrbi.org.in or phone 022-2266 0502. The RBI's website is www.rbi.org.in. The data is based on the last reporting Friday of the month and includes the impact of a non-bank merger with a bank.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India, location of the Reserve Bank of India's Central Office.
Sectoral Deployment of Bank Credit: A report published by the Reserve Bank of India providing data on the distribution of bank credit across various sectors of the economy.
Scheduled Commercial Banks (SCBs): Banks in India that are licensed to conduct banking business and are included in the Second Schedule of the Reserve Bank of India Act, 1934.
Agriculture and Allied Activities: A sector of the Indian economy that includes farming, animal husbandry, forestry, and fishing.
Industry: A sector of the Indian economy encompassing manufacturing, mining, and utilities.
Micro and Small, and Medium Industries: Small and medium scale industries are classified on the basis of investment and turnover.
Non-banking Financial Companies (NBFCs): Financial institutions that provide banking services without holding a banking license.
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
August 29, 2025
Sectoral Deployment of Bank Credit – July 2025
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:
• Credit to agriculture and allied activities registered a y-o-y growth of 7.3 per cent (18.1
per cent in the corresponding fortnight of the previous year).
• Credit to industry recorded a moderated y-o-y growth of 6.0 per cent, compared with
10.2 per cent in the corresponding fortnight of last year. Credit to micro and small, and
medium industries continued to grow at a robust pace. Among major industries,
outstanding credit to ‘all engineering’, ‘vehicles, vehicle parts and transport equipment’,
‘rubber, plastic and their products’ and ‘gems and jewellery’ recorded healthy y-o-y
growth.
• Credit to services sector recorded a growth of 10.6 per cent y-o-y (14.5 per cent in the
corresponding fortnight of the previous year). Growth in credit to ‘non-banking financial
companies’ (NBFCs) decelerated, while credit growth to ‘professional services’’,
‘commercial real estate’ and ‘trade’ segment remained robust.
• Credit to personal loans segment registered a decelerated y-o-y growth of 11.9 per
cent, as compared with 14.0 per cent a year ago, largely due to moderation in growth
of ‘other personal loans’, ‘vehicle loans’ and ‘credit card outstanding’.
Ajit Prasad
Press Release: 2025-2026/1000 Deputy General Manager
(Communications)
1 Data pertain to the last reporting Friday of the month, based on sector-wise and industry-wise bank credit
(SIBC) return.
2 Non-food credit data are based on Section-42 return for the last reporting Friday of the month, which
covers all scheduled commercial banks (SCBs).
3 Data include the impact of the merger of a non-bank with a bank.