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flag Indian industrial credit growth slowed in August 2025, with SMEs and agriculture seeing weaker gains.

flag Bank credit to India's industry grew 6.5% year-on-year in August 2025, slowing from 9.7% the previous year, with non-food credit from major banks rising 9.9%, down from 13.6%. flag Credit to micro, small, and medium enterprises remained strong, especially in engineering, vehicles, and rubber/plastic sectors. flag Agricultural credit rose 7.6%, a sharp drop from 17.7% last year. flag Personal loans grew 11.8%, slightly slower than 13.9% in 2024, while services sector lending edged down to 10.6% from 13.9%. flag Credit to NBFCs showed signs of slowing, though some segments like software and commercial real estate held steady.

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