Industry Credit Surges 13.5% in February, Driven by Key Sectors: RBI Data

• Bank credit to industry increased by 13.5% in the fortnight ending February 28, up from 7.5% in the previous year.
• Growth was significantly boosted by 'infrastructure', 'all engineering', 'chemicals', 'petroleum products', and 'textiles' sectors.
• Non-food bank credit saw a 14.3% year-on-year growth as of February 28, 2026.
• Loans to micro, small, and medium industries showed double-digit expansion, with large industries also growing.
• Services sector credit grew by 16.3%, personal loans by 15.2%, and agriculture by 12.3%.