.jpeg)
Industrial Credit Growth Rises to 9.6% in November, Shows Economic Strength: RBI
RBI Data: Industrial credit growth increased to 9.6% in November 2025. Demand for loans in the MSME and infrastructure sectors increased, while housing and credit card loans saw a slowdown. Read the full report.
The industrial activity in the Indian economy seems to be picking up. According to the latest information released by the Reserve Bank of India (RBI) on Friday, the growth rate of bank credits to industries improved to 9.6 percent in November 2025. This is superior to the growth rate of 8.3 percent posted during the same period last year (November 2024).
According to RBI data, non-food bank credit increased by 11.4 percent year-on-year in the fortnight ending November 28, 2025. In comparison, growth was 10.6 percent during the same period last year. This clearly indicates that credit flow through the banking system has increased.
RBI's "Sectoral Deployment of Bank Credit - November 2025" data shows that small industries have the highest demand for credit. Credit to micro, small, and medium enterprises continues to expand at double digits. Encouraging growth in credit demand has been observed in key sectors such as infrastructure, engineering, textiles, and petroleum, coal products, and nuclear fuel.
Want to get your story featured as above? click here!
Want to get your story featured as above? click here!
Credit growth in the services sector was 11.7 percent, slightly lower than last year's 12.8 percent. However, within the sector, the non-banking financial companies and computer software industries reported an improvement. Trading activities, along with commercial real estate, also registered positive growth, but a mild decrease was also witnessed. Credit growth for the agriculture and allied sectors, on the other hand, reduced to 8.7 percent, lower than the peak of 15.3 percent reported in the same period of the last year.
The personal loan segment, catering to the common man, grew at 12.8 percent, down from 13.4 percent a year ago. Vehicle loans and gold jewellery loans remained stable. The RBI specifically noted a slight moderation in housing loans and credit card outstanding. This data was collected from 41 select scheduled commercial banks (SCBs), which account for approximately 95 percent of total non-food credit extended by all commercial banks.
