Bank credit annual growth to industry slows to 7.3%

Growth in bank credit to industry moderated to 7.3 per cent in September, compared with 8.9 per cent in the corresponding period last year, according to the RBI data released on Friday.

- PRESS TRUST OF INDIA

On a year-on-year basis, nonfood bank credit grew 10.2 per cent as on the fortnight ended September 19, 2025, compared to 13 per cent during the corresponding fortnight of the previous year (September 20, 2024), the RBI said.

The central bank has released the data on sectoral deployment of bank credit for September collected from 41 select commercial banks, accounting for about 95 per cent of the total nonfood credit by all banks.