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Bank Lending to Industry Slows to 4.9%

Bank Lending to Industry Slows to 4.9%:

The Reserve Bank of India (RBI) reported a significant slowdown in bank credit growth to various sectors, including industry, services, and personal loans. According to the RBI’s sectoral credit report for the fortnight ended May 30, 2025, bank lending to industry grew by only 4.9%, a stark drop compared to 8.9% during the same period last year. The deceleration spans multiple categories and suggests changing credit dynamics amid macroeconomic uncertainties and evolving financial strategies.