Mumbai, Sep 30 (PTI) Bank credit to industry grew at a slower pace of 6.5 per cent in August as against 9.7 per cent in the corresponding period last year, according to Reserve Bank data released on Tuesday.

The RBI has released data on sectoral deployment of bank credit for August 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all SCBs.

On a year-on-year (y-o-y) basis, non-food bank credit grew 9.9 per cent as on the fortnight ended August 22, 2025, compared to 13.6 per cent in the year-ago period, RBI said.

Credit to micro and small, and medium industries continued to expand at a robust pace.

“Among major industries, outstanding credit to ‘all engineering’, ‘vehicles, vehicle parts and transport equipm

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