The RBI has released Data on bank credit for February 2026, which has been collected from 41 selected scheduled commercial banks (SCBs). These banks account for about 95% of the total non-food credit of all SCBs. The detailed data is given in Statements I and II.
On a year-on-year (y-o-y) basis, non-food bank credit grew by 14.3% as of the fortnight ending February 28, 2026. This is higher than 11.1% growth recorded during the same period last year (March 7, 2025).
Key Highlights
1. Agriculture and Allied Activities
Credit to agriculture and related activities grew by 12.3%, compared to 11.4% in the same period last year.
2. Industry Sector
Credit to the industry grew by 13.5%, much higher than 7.5% last year.
- Credit to micro, small, and medium industries continued to grow at a strong pace.
- Credit to large industries also increased.
- Growth was mainly driven by sectors like infrastructure, engineering, chemicals, petroleum products, and textiles.
3. Services Sector
Credit to the services sector grew by 16.3%, compared to 11.7% last year.
- This growth was supported by higher lending to NBFCs and commercial real estate.
4. Personal Loans
Credit in the personal loans segment grew by 15.2%, up from 11.7% last year.
- Housing loans showed steady growth.
- Vehicle loans and loans against gold jewellery saw strong growth.
Sector Wise Outstanding amount
| Sector | Outstanding Amount as of 28 Feb 2026 (Rs. cr) |
|---|---|
| 1. Agriculture and Allied Activities | 2543477 |
| 2. Industry (Micro and Small, Medium and Large) | 4447192 |
| 2.1. Micro and Small | 1031799 |
| 2.2. Medium | 430263 |
| 2.3. Large | 2985130 |
| 3. Services | 5807798 |
| 3.1. Transport Operators | 280409 |
| 3.2. Computer Software | 46183 |
| 3.3. Tourism, Hotels and Restaurants | 98895 |
| 3.4. Shipping | 10502 |
| 3.5. Aviation | 49830 |
| 3.6. Professional Services | 210543 |
| 3.7. Trade | 1320670 |
| 3.7.1. Wholesale Trade | 737574 |
| 3.7.2. Retail Trade | 583096 |
| 3.8. Commercial Real Estate | 606612 |
| 3.9. Non-Banking Financial Companies (NBFCs) of which, | 1947584 |
| 3.9.1. Housing Finance Companies (HFCs) | 359226 |
| 3.9.2. Public Financial Institutions (PFIs) | 316124 |
| 3.10. Other Services | 1236570 |
| 4. Personal Loans | 6796850 |
| 4.1. Consumer Durables | 21925 |
| 4.2. Housing (Including Priority Sector Housing) | 3305691 |
| 4.3. Advances against Fixed Deposits (Including FCNR (B), NRNR Deposits etc.) | 154183 |
| 4.4. Advances to Individuals against share, bonds, etc. | 10085 |
| 4.5. Credit Card Outstanding | 292067 |
| 4.6. Education | 155590 |
| 4.7. Vehicle Loans | 726037 |
| 4.8. Loans against gold jewellery | 428578 |
| 4.9. Other Personal Loans | 1702695 |
| Priority Sector (Memo) | |
| (i) Agriculture and Allied Activities | 2600490 |
| (ii) Micro and Small Enterprises | 2812171 |
| (iii) Medium Enterprises | 692153 |
| (iv) Housing | 1033416 |
| (v) Educational Loans | 77935 |
| (vi) Renewable Energy | 13955 |
| (vii) Social Infrastructure | 1221 |
| (viii) Export Credit | 10270 |
| (ix) Others | 41690 |
| (x) Weaker Sections including net PSLC- SF/MF | 2032409 |
