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Agri credit seen rising 9% in FY26 to ₹31.5 lakh cr
Financial Express Lucknow
|May 14, 2025
CREDIT TO THE agriculture sector by commercial banks and regional rural banks is likely to cross ₹31.5 lakh crore, a new record, in FY26 due to an increased formalisation of the rural credit structure, a senior official with National Bank for Agriculture and Rural Development (Nabard) said.
In FY25, Nabard had disbursed over ₹28.98 lakh crore through commercial banks, cooperatives and regional rural banks, out of which around 60% was towards short-term crop loans and the rest was towards investment loans in agriculture and allied sectors.
"We expect total agri-credit flow in the current fiscal to be around ₹31.5 lakh crore," Ajay K Sood, deputy managing director, Nabard, told FE.
He said despite a sharp spike in credit flow to the agricultural and allied sector, Nabard is trying to address the regional imbalance in the credit flow through preparing potential linked credit plans.
This story is from the May 14, 2025 edition of Financial Express Lucknow.
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