Credit to industry rises at faster 15.1 pc in April: RBI data
Business 29 May, 2026

Credit to industry rises at faster 15.1 pc in April: RBI data

Business To Business, Mumbai, 29th May, 2026:   Bank credit to industry in India grew at a significantly faster pace of 15.1% at the end of April 2026, compared with 7% growth during the same period a year earlier, according to data released by the Reserve Bank of India.
The RBI’s sectoral deployment data, compiled from 41 major banks accounting for around 95% of total non-food credit by commercial banks, also showed that overall non-food bank credit expanded 15.8% year-on-year as of the fortnight ended April 30, 2026.
This compares with a growth rate of 9.8% recorded during the corresponding fortnight of the previous year.
The stronger rise in industrial lending indicates improving credit demand from businesses and broader economic activity, alongside continued momentum in sectors linked to manufacturing, infrastructure, and services.

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