Bank credit growth slows

RBI reported a slowdown in bank credit to industry, growing at 4.9% in the fortnight ending May 30, 2025, compared to 8.9 per cent the previous year. Non-food bank credit also decelerated to 9.8 per cent from 16.2 per cent

- PRESS TRUST OF INDIA

Bank credit to industry expanded at 4.9 per cent in the fortnight ended May 30, against 8.9 per cent growth in the corresponding period of the previous year, the Reserve Bank said Monday.

The RBI has released the data on sectoral deployment of bank credit for May 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all commercial banks.