Archive · 1 Oct 2026
Bank Credit to Industry Rises 18.2% in August 2026
Banks gave more loans to industries in August 2026.
Industrial loans grew by 18.2%.
This was higher than the 7% growth recorded during the same period last year.
Loans across all non-food sectors grew by 18.8% by August 31.
The comparable growth rate last year was 10.2%.
The Reserve Bank of India collected the data from 41 banks.
These banks represent about 95% of all non-food bank lending by scheduled commercial banks.
Lending to large and medium industries grew faster, while lending to small industries continued to expand steadily.
Bank credit to industry grew 18.2% in August 2026.
Industrial credit growth increased from 7% during the same period last year.
Overall non-food bank credit grew 18.8% by August 31, 2026.
Non-food credit growth was 10.2% during the corresponding period of the previous year.
Credit to large and medium industries accelerated, while micro and small industries continued steady expansion.
- Who
- The Reserve Bank of India reported data collected from 41 select scheduled commercial banks.
- What
- Bank credit to industry grew 18.2%, while overall non-food bank credit grew 18.8%.
- When
- August 2026, with non-food credit measured as of the fortnight ended August 31, 2026.
- Where
- Mumbai; the data covers scheduled commercial banks.
- Why
- The article does not specify a cause for the credit growth; it reports accelerated lending to large and medium industries and steady expansion for micro and small industries.
- Industrial credit growth
- 18.2% year-on-year in August 2026
- Industrial credit growth last year
- 7% during the corresponding period
- Non-food credit growth
- 18.8% year-on-year as of August 31, 2026
- Non-food credit growth last year
- 10.2% during the corresponding period
- Banks surveyed
- 41 select scheduled commercial banks
- Coverage
- About 95% of total non-food credit by all scheduled commercial banks
- Industry segments
- Large and medium industries accelerated; micro and small industries expanded steadily