New Delhi, May 5 -- Indias non-food credit grew 15.9 per cent year-on-year (YoY) in FY2025 26, indicating strong lending momentum.
According to data released by the Finance Ministry on Tuesday, total outstanding bank credit stood at Rs 212.9 lakh crore as of March 2026, an increase of Rs 29.2 lakh crore over the previous year.
The growth comes amid a low interest rate environment and sustained government-led capital expenditure, which has helped crowd in private investments and boost confidence among both corporate and retail borrowers.
Broad-Based Growth Across Key Sectors
The data highlighted that credit expansion during the year was broad-based, with all major sectors recording stronger growth.
Lending to the services sector, ...