Agricultural and related activities saw credit expand 17.2 per cent year-over-year, compared to 7.6 per cent in the same period of the prior year.

Aggregate credit extended to industries demonstrated a year-on-year expansion of 18.2 per cent (7.0 per cent in the corresponding fortnight of the previous year). Credit disbursements to ‘large’ and ‘medium’ industrial segments advanced at a faster rate, while ‘micro and small’ industries maintained consistent growth. Disbursal of credit to the ‘infrastructure’, ‘all engineering’, ‘basic metal and metal products’, ‘chemical and chemical products’, ‘food processing’, ‘textiles’, ‘construction’ and ‘petroleum, coal products and nuclear fuels’ sectors registered robust year-on-year growth.

Credit to the services sector demonstrated a year-over-year expansion of 24.3 per cent (10.3 per cent in the corresponding fortnight of the previous year), propelled by substantial gains in areas including ‘non-banking financial companies’ (NBFCs), ‘trade’, ‘professional services’, and ‘commercial real estate’.