How fast is bank lending growing?
RBI · released 30 Sep 2026 · next due by 11 Nov 2026
| Period | Value (%) |
|---|---|
| Aug 2026 | 18.8 |
| Jul 2026 | 19.1 |
| Jun 2026 | 18.3 |
| May 2026 | 17.4 |
| Apr 2026 | 15.8 |
| Mar 2026 | 15.9 |
| Feb 2026 | 14.3 |
| Jan 2026 | 14.4 |
| Dec 2025 | 14.4 |
Use in your answer
Non-food credit of India's scheduled commercial banks grew 18.8% year on year in Aug 2026, compared with 19.1% in Jul 2026, according to the RBI. Source: RBI, Sectoral Deployment of Bank Credit – August 2026 (press release 2026-2027/1219).
Cite as: Sectoral Deployment of Bank Credit (SIBC return; non-food credit from the Section-42 return) (RBI), Aug 2026
What this shows
- Non-food bank credit grew 18.8% in the year to 31 August 2026, against 10.2% a year earlier (fortnight ended 5 September 2025).
- Growth was broad-based in August 2026: services 24.3%, industry 18.2%, agriculture and allied activities 17.2% and personal loans 16.9% (sector data from 41 banks with about 95% of non-food credit).
- Growth climbed from 14.4% in December 2025 to a peak of 19.1% in July 2026, the highest month in this series.
Cite this
Cite a fixed version from every published version below.
Source and method
What exactly is measured
Year-on-year growth in non-food credit of all scheduled commercial banks, as stated in the RBI's monthly press release 'Sectoral Deployment of Bank Credit'. Since December 2025 the reporting date is the last day of the month (Banking Laws (Amendment) Act 2025), compared with the last reporting fortnight under the old rule a year earlier. Earlier releases used a different reporting day and stated growth with or without the effect of a non-bank's merger with a bank, so they are not shown.
History: every published version
Each time the source changes this series we archive the full series as it stood, with an archived copy of the source, and never delete an old version. Each version has a permanent page you can cite. Recorded since 20 Oct 2026: 1 version.
No figure in this series has been revised since we began recording on 20 Oct 2026.
- 9 periods, latest Aug 2026: 18.8% · first snapshotArchived source
5c9b64956c58
Release notes (1)
- 18.8%Aug 2026
Get the data
Use it in Excel, Python or R
Excel (Data → From Web): https://india.tf/c/trd-credit-074/data.csv
Python: pandas.read_csv("https://india.tf/c/trd-credit-074/data.csv")
R: read.csv("https://india.tf/c/trd-credit-074/data.csv")
All statistics: /api/index.json. Free to reuse with attribution (RBI website terms of use).
