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Home News News and Press Release Month 3 2017 2017 (3) This

Non-food bank credit growth

24-3-2017
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Reserve Bank of India (RBI) has informed that non-food bank credit growth (y-o-y) was at 4.8 per cent as on March 3, 2017, as against 11.1 per cent during the corresponding period of last year.

The sector-wise growth in outstanding credit by select banks (covering about 95 per cent of total non-food credit extended by all scheduled commercial banks) is as under:-

Growth in outstanding credit (y/y)                                                  (per cent)

Sr. No.

Sector

Mar.21, 2014

Mar.20, 2015

Mar.18, 2016

Jan.20, 2017

 

Non-food Credit (1 to 4)

14.3

8.6

9.1

3.5

1

Agriculture & Allied Activities

13.5

15.0

15.3

8.1

2

Industry (Micro & Small, Medium and Large)

13.6

5.6

2.7

-5.1

3

Services

17.1

5.7

9.1

8.1

4

Personal Loans

13.1

15.5

19.4

12.9

Source: Reserve Bank of India.

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

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