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Non-food bank credit grows at 6.8% in September: RBI data

Credit growth to industry picked up to 2.5 percent in September 2021 from 0.4 percent in September 2020.

October 29, 2021 / 08:00 PM IST
Reserve Bank of India

Reserve Bank of India

Banks' non-food credit growth accelerated to 6.8 percent in September 2021 as against a rise of 5.1 percent in the same period of last year, RBI data showed.

Loans to agriculture and allied activities registered a higher growth of 9.9 percent in September 2021 as compared to 6.2 percent in the year-ago period.

The Reserve Bank of India (RBI) Friday released Sectoral Deployment of Bank Credit September 2021.

Credit growth to industry picked up to 2.5 percent in September 2021 from 0.4 percent in September 2020.