**Executive Summary**
This press release from the Reserve Bank of India, dated November 28, 2025, presents data on the sectoral deployment of bank credit for October 2025. The data, collected from 41 select scheduled commercial banks, is detailed in Statements I and II. It highlights year-on-year growth in various sectors.
**Key Points / Main Content**
*October 2025 Sectoral Bank Credit Deployment*
* The data is sourced from 41 select scheduled commercial banks (SCBs), representing approximately 95% of the total non-food credit by all SCBs.
* Detailed data is available in Statements I and II.
*Overall Credit Growth*
* Non-food bank credit grew by 11.1% year-on-year as of October 31, 2025, compared to 11.7% in the same period of the previous year (November 1, 2024).
*Sector-Specific Growth*
* Agriculture and allied activities: Registered a year-on-year growth of 8.9%.
* Industry: Recorded a year-on-year growth of 10.0%, with 'Micro and Small' and 'Medium' industries showing double-digit expansion. Key industries contributing to growth include 'all engineering', 'infrastructure', 'construction', 'textiles', and 'vehicles, vehicle parts and transport equipment'.
* Services Sector: Experienced a year-on-year growth rate of 13.0%, with 'non-banking financial companies' (NBFCs) and 'trade' showing increased growth. 'Commercial real estate' sustained steady growth.
* Personal Loans: Showed a year-on-year growth of 14.0%, driven by 'housing', 'loans against gold jewellery', and 'vehicle loans'.
**Impact Analysis**
**Scheduled Commercial Banks (SCBs)**
*Impact*
* SCBs are the source of the data used in the analysis. The analysis shows them their contributions and growth in various sectors.
*Action Required*
* Review and understand the trends in sectoral deployment of bank credit to inform their lending strategies.
**RBI**
*Impact*
* The RBI is providing insight into bank credit deployment that may affect its regulatory or monetary policy decisions.
*Action Required*
* Continue monitoring trends for future adjustments to policy and/or further analysis.
Key Entities Referenced
Statements I and II: Statements detailing the sectoral deployment of bank credit data.
Scheduled Commercial Banks (SCBs): The 41 banks from which the sectoral deployment data was collected.
Reserve Bank of India: Issuer of the press release regarding sectoral deployment of bank credit.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 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
November 28, 2025
Sectoral Deployment of Bank Credit – October 2025
Data on sectoral deployment of bank credit for the month1 of October 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 11.1 per cent as on the
fortnight ended October 31, 2025, compared to 11.7 per cent during the corresponding fortnight
of the previous year (i.e., November 01, 2024).
Highlights of the sectoral deployment of bank credit3 as on the fortnight
ended October 31, 2025, are given below:
• Credit to agriculture and allied activities registered a y-o-y growth of 8.9 per cent (15.5
per cent in the corresponding fortnight of the previous year).
• Credit to industry recorded a y-o-y growth of 10.0 per cent, compared with 8.1 per cent
in the corresponding fortnight of last year. Credit to ‘Micro and Small’ and ‘Medium’
industries continued to expand in double-digits. Among major industries, outstanding
credit to ‘all engineering’, ‘infrastructure’, ‘construction’, ‘textiles’ and ‘vehicles, vehicle
parts and transport equipment’ recorded buoyant y-o-y growth.
• Credit to services sector registered a growth rate of 13.0 per cent y-o-y (12.5 per cent in
the corresponding fortnight of the previous year). Growth in segments such as ‘non-
banking financial companies’ (NBFCs) and ‘trade’ picked up, while ‘commercial real
estate’ sustained steady growth.
• Credit to personal loans segment recorded a y-o-y growth of 14.0 per cent, as compared
with 12.9 per cent a year ago. This improvement in growth was driven largely by
‘housing’, ‘loans against gold jewellery’ and ‘vehicle loans’.
Ajit Prasad
Press Release: 2025-2026/1578 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.