Credit Growth to Farm Sector Slows to 10.4% in March: RBI

The bank credit growth to the agriculture sector slowed to 10.4% year-on-year for the fortnight ended March 21, while advances to the industry remained flat at 8%, as per the RBI data released on Wednesday.

- Press Trust of India

MUMBAI:

The Reserve Bank of India (RBI) has released the data on sectoral deployment of bank credit collected from 41 select commercial banks, accounting for about 95% of the total non-food credit deployed by all banks taken together.

Credit to agriculture and allied activities registered a growth of 10.4% (y-o-y) as of the fortnight ended March 21, 2025, against 20% in the corresponding fortnight of the previous year.