Bank Credit Growth Slows to 10.9% in February 2025
Why in the news
Bank lending slowed sharply in February 2025, mainly on weak retail and NBFC credit.
Growth by segment (YoY)
| Segment | Latest | Year earlier |
|---|---|---|
| Non-food credit | 10.9% | 20.6% |
| Retail loans | 11.7% | 28.1% |
| Services | 12% | 24.3% |
| Industry | 7.3% | 8.4% |
Key facts
- Retail drag: unsecured personal loans, credit card balances, vehicle loans.
- Falling NBFC credit hurt services.
- Bright spots: computer software, professional services, trade.
- Industries growing strongly: petroleum, coal products and nuclear fuels; engineering and construction; paper.
Exam angle
- Data as of 21 February 2025.