SECTORAL DEPLOYMENT OF BANK CREDIT-APRIL 2013
On a year-on-year (y-o-y) basis, non-food bank credit increased by 13.8 per cent in April 2013 as compared with the increase of 16.6 per cent in April 2012.
Credit to agriculture increased by 10.5 per cent in April 2013, as compared with the increase of 14.1 per cent in April 2012. Credit to industry increased by 15.5 per cent in April 2013 as compared with the increase of 19.9 per cent in April 2012. Deceleration in credit growth to industry was observed in all the major sub-sectors, barring food processing, wood & wood products, cement & cement products, chemicals & chemical products, infrastructure, paper & paper products, glass & glassware, textiles and leather & leather products. Credit to the services sector increased by 11.6 per cent in April 2013 as compared with the increase of 15.0 per cent in April 2012. Credit to NBFCs increased by 5.2 per cent in April 2013 as compared with the increase of 34.4 per cent in April 2012. Personal loans increased by 14.8 per cent in April 2013 as compared with the increase of 12.8 per cent in April 2012.
