The Reserve Bank of India (RBI) on June 30, 2026, notified regarding the Sectoral Deployment of Bank Credit – May 2026.
The following has been stated:
• As per the sectoral deployment of bank credit for the fortnight ended May 31, 2026, non-food bank credit grew by 17.4% year-on-year, significantly higher than the 8.8% recorded in the corresponding period of the previous year. Credit growth remained broad-based across major sectors, with agriculture and allied activities growing by 14.9%, while industry registered a strong 17.5% increase, led by accelerated lending to large industries and continued robust growth in micro, small and medium enterprises. Major industries such as infrastructure, engineering, textiles, construction, petroleum products, and chemicals recorded healthy credit expansion.
• The services sector witnessed the highest growth at 20.4%, driven by increased lending to NBFCs, commercial real estate and trade. Credit to the personal loans segment also remained strong at 15.4%, supported by steady growth in housing and vehicle loans, although growth in credit card outstanding moderated compared to the previous year.
[Press Release: 2026-2027/575]
