RBI: Industry Credit Surges 9.6% in November 2025, Outpacing Last Year

• Bank credit to industry grew 9.6% in November 2025, up from 8.3% in the same month last year.
• Non-food bank credit saw an 11.4% year-on-year growth by November 28, 2025.
• Micro, small, and medium industries continued double-digit expansion; infrastructure, engineering, textiles, and petroleum sectors showed buoyant growth.
• Lending to agriculture grew 8.7%, services sector 11.7%, and personal loans 12.8%, though some segments saw moderation.
• The data is based on 41 select scheduled commercial banks, covering about 95% of total non-food credit.

Why It Matters: RBI data indicates robust 9.6% growth in bank credit to industry in November 2025, signaling strong economic activity.