Sectoral Deployment of Bank Credit – August 2016

Data on sectoral deployment of bank credit collected on a monthly basis from select 46 scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of August 2016 are set out in Statements I and II. These data are also available in the Real-Time Handbook of Statistics on the Indian Economy (http://dbie.rbi.org.in).


Highlights of the sectoral deployment of bank credit are given below:

  • On a year-on-year (y-o-y) basis, non-food bank credit increased by 8.2 per cent in August 2016 as compared with the increase of 8.4 per cent in August 2015.
  • Credit to agriculture and allied activities increased by 13.6 per cent in August 2016 as compared with the increase of 12.1 per cent in August 2015.
  • Credit to industry contracted by 0.2 per cent in August 2016 as compared with an increase of 5.0 per cent in August 2015. Major sub-sectors which witnessed contraction in credit include food processing, infrastructure, textiles and cement & cement products.
  • Credit to the services sector increased by 12.1 per cent in August 2016 as compared with the increase of 5.9 per cent in August 2015.
  • Personal loans increased by 18.1 per cent in August 2016, up from 17.3 per cent in August 2015.



Source: RBI Press Release # 2016-2017/825 dated 30th September 2016