Bank loan news: The Reserve Bank of India (RBI) said on Monday that bank debt hike was soft in the fortnight ended May 30. During this period, the industry increased by 4.9 percent in bank loans, while it was 8.9 percent in the same period last year. RBI has released data on bank loans for May 2025 based on information received from 41 select Scheduled Commercial Banks (SCB). This debt is about 95 percent of the total non -food loans given by all commercial banks.
On an annual basis, the non-food bank loans increased by 9.8 percent by the end of May 30, 2025, compared to 16.2 percent during the same period (31 May, 2024) a year ago. RBI said, the loans given to the industry increased by 4.9 percent while it was 8.9 percent in the same period last year. In major industries, engineering, manufacturing and rubber, plastic and outstanding loans of their products recorded a sharp increase on an annual basis.
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According to the data, the loan increased by 7.5 percent for agriculture and allied activities during the period, which was 21.6 percent in the same period a year ago. The central bank said that the loan for the service sector increased by a slight 9.4 percent, which was 20.7 percent in the same period last year. The main reason for this is a slow increase in loans to non-banking financial companies (NBFCs).
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On the other hand, debt growth in computer software segment was good. In addition, the loan increased by 13.7 percent in the individual loan section, which was 19.3 percent in the same period a year ago. The main reason for this is to reduce the increase in other individual loans, vehicle loans and credit cards. (Language)
Edited by: Chetan Gour
