Current Affairs - Banking - Discussion

Scheduled Commercial Banks (SCBs) recorded a strong non-food credit growth of 15.9% during the financial year 2025-26. This marked a significant improvement compared to the previous year’s growth rate of 10.9%. The increase was driven by rising demand for credit across the industrial, agricultural, and services sectors. Industrial credit saw notable expansion in infrastructure and manufacturing, while agriculture benefited from improved rural consumption and formal credit systems. The services sector also experienced strong growth due to NBFCs, trade, and commercial real estate activities. Overall, the data reflect increased economic activity and stronger lending momentum within the Indian banking sector.