New Delhi, Dec 16 Bank credit growth in India continues to remain resilient with 11.5 per cent year-on-year growth, reflecting sustained lending momentum across key segments of the economy, the government said on Tuesday.
"As per the latest data released by the Reserve Bank of India, total bank credit stood at Rs 195.3 lakh crore as of November 28, 2025, registering a year‑on‑year growth of 11.5 per cent," an official statement said.
Credit growth has consistently remained above 10 per cent in recent months, the Ministry of Finance said, adding that it indicated stable demand conditions and continued flow of credit to productive sectors.
The expansion in bank credit has been driven primarily by robust demand from the retail and micro, small and medium enterprises (MSME) segments, supported by improving consumption trends and rural economic activity, the report said.
The ministry also cited the positive impact of the recent goods and services tax (GST) rate rationalisation on demand conditions.
Healthy signs of revival in industrial credit and corporate borrowing have contributed to the overall credit offtake, reflecting strengthening economic activity and rising business confidence in India’s growth trajectory, the report added.
The Goods and Services Tax rationalisation has boosted the retail credit market amid better affordability, with credit supply of secured assets such as home loans, auto loans and consumer durable loans showing positive momentum in the September 2025 quarter, a recent report said.
Semi-urban and rural regions accounted for 61 per cent of the overall credit supply in the quarter. New to credit borrowers increased by 5 per cent YoY in the quarter ended September 2025, and borrowers under 35 grew 12 per cent.
While overall asset quality remains stable, recent trends indicate emerging stress in specific loan segments such as micro-LAP and small-ticket housing loans.
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