Bank credit to industry rises 20% in July: RBI data

Reserve Bank of India (RBI) data from 41 select scheduled commercial banks, covering around 95% of total non-food credit, showed non-food bank credit grew 19.1% year-on-year as of July 31, 2026, compared with 9.9% a year earlier. Credit to the personal-loans segment also rose 16.2%, accelerating from 11.9% during the corresponding period last year, indicating stronger overall credit growth.