Scheduled Commercial Banks (SCBs) record 15.9% non-food credit growth in FY26

Exam-focused facts from the 8 May 2026 current affairs briefing.

Key facts

Scheduled Commercial Banks (SCBs) recorded a year-on-year non-food credit growth of 15.9% in financial year 2025–26.
Total outstanding credit of SCBs stood at ₹212.9 lakh crore as of March 2026, an increase of ₹29.2 lakh crore over the previous year.
Sector-wise, services sector registered the highest credit growth at 19%, followed by personal loans (16.2%), agriculture and allied activities (15.7%), and industry (15%).
Industrial credit growth nearly doubled to 15% from 8.2%, with micro and small industries recording a sharp rise of 33.1%.
Personal loans grew by 16.2%, driven by vehicle loans and loans against gold jewellery, while housing credit remained stable.