Growth in bk loans to farm sector slows to 7.6% as on Aug 22, shows RBI data
This story was originally published at 18:27 IST on 30 September 2025
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MUMBAI – Growth in bank credit to agriculture and allied activities moderated to 7.6% as on Aug. 22 from growth of 17.7% a year ago, data released Tuesday by the Reserve Bank of India showed. Loans to agriculture and allied activities stood at INR 23.25 trillion. The loans were up just 1.6% from the end of March.
Overall, bank credit growth as on Aug. 22 moderated to 10% from 13.6% a year ago. Non-food credit growth fell to 9.9% as on Aug. 22 from 13.6% a year ago. Credit growth to industry slowed to 6.5% from 9.7% a year ago.
Growth in loans to the services sector slowed down to 10.6% on year as on Aug. 22 from 13.9% a year ago. Growth in bank loans to non-banking financial companies decelerated, while it remained robust in segments such as professional services, computer software, commercial real estate and trade.
Credit growth to personal loans segment decelerated to 11.8% on the reporting day from 13.9% a year ago. This was largely due to moderation in growth in other personal loans, vehicle loans and credit card outstanding. End
Reported by Srijita Bose
Edited by Avishek Dutta
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