All India and Month-wise Deployment of Bank Credit by Major Sectors

The Data shows the major sector level deployment of bank credit collected from 40 select scheduled commercial banks, accounting for about 93 per cent of the total non-food credit deployed by all scheduled commercial banks.

Note:
1. Data for the period April 2007 - December 2018 is in the Old Format and the data for January 2019 - September 2022 is in the New Format.
2. For Old Format
a. Data are provisional and relate to select 41 scheduled commercial banks. From September 2017, data account for 90 per cent of total non-food credit extended by all scheduled commercial banks.
b. Export credit under priority sector relates to foreign banks only.
c. Micro and small under industry include credit to micro and small industries in manufacturing sector.
d. Micro and small enterprises under Priority Sector include credit to micro and small enterprises in manufacturing as well as services sector.
e. Priority Sector is as per the old definition and does not conform to FIDD Circular FIDD.CO.Plan.BC.54/04.09.01/2014-15 dated April 23, 2015.
f. A sharp adjustment of Rs.17300 Crore in consumer durables credit in August 2018 was due to rectification of an error, as one bank had previously wrongly classified housing loans as consumer durable loans.

3. For New Format
a. Data are provisional. Non-food credit data are based on Section - 42 return, which covers all scheduled commercial banks (SCBs), while sectoral non-food credit data are based on sector-wise and industry-wise bank credit (SIBC) return, which covers select banks accounting for about 93 per cent of total non-food credit extended by all SCBs.
b. With effect from January 2021, sectoral credit data are based on a revised format due to which values and growth rates of some of the existing components published earlier have undergone some changes.
c. Non-food credit given for the periods December 18, 2020 and December 20, 2019 pertains to the periods January 1, 2021 and January 3, 2020 respectively.
d. Credit data are adjusted for past reporting errors by select SCBs from December 2021 onwards.
e. Micro and Small include credit to micro and small industries in the manufacturing sector.
f. NBFCs include HFCs, PFIs, Microfinance Institutions (MFIs), NBFCs engaged in gold loans and others.
g. Other Services include Mutual Funds (MFs), Banking and Finance other than NBFCs and MFs and other services which are not indicated elsewhere under services.
h. Agriculture and Allied Activities also include priority sector lending certificates (PSLCs).
i. Micro and Small Enterprises include credit to micro and small enterprises in manufacturing and services sectors and also include PSLCs.
j. Medium Enterprises include credit to medium enterprises in the manufacturing and services sector.