New Delhi: The finance ministry in a statement on Tuesday said robust credit growth demonstrates the resilient domestic economic environment and envisages enhanced appetite for credit across sectors of the Indian economy.
Non-food credit growth in FY26 stood at 15.9% against 10.9% in the corresponding period last year. The aggregate credit outstanding in March 2026 reached ₹212.9 lakh crore, ₹29.2 lakh crore higher than the previous year.
Credit growth in FY26 has been broad-based, led by the services sector, followed by the personal loan segment, agriculture and allied activities, and industry, it said, adding private investments are crowding in and boosting domestic credit demand amidst a low-interest rate environment and a government-aided capex cycle supported by timely structural reforms, reinstating confidence among corporate as well as individual borrowers.
Non-food credit growth in FY26 stood at 15.9% against 10.9% in the corresponding period last year. The aggregate credit outstanding in March 2026 reached ₹212.9 lakh crore, ₹29.2 lakh crore higher than the previous year.
Credit growth in FY26 has been broad-based, led by the services sector, followed by the personal loan segment, agriculture and allied activities, and industry, it said, adding private investments are crowding in and boosting domestic credit demand amidst a low-interest rate environment and a government-aided capex cycle supported by timely structural reforms, reinstating confidence among corporate as well as individual borrowers.
