IndiaTrackerData as of 1 Nov 2026

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Services

Bank credit to services, growth y/y (sectoral deployment). Monthly, per cent. Latest: 28.32 (Sep 2026).

Level

per cent

Source: RBI.

About this series

Series idcredit_services_growth
SourceRBI: Sectoral Deployment of Bank Credit (monthly press release, Statement 1)
CoverageJun 2024 to Sep 2026 (28 observations)
Releasemonthly press release, about a month after the month
Updated byDaily automated pipeline · pipelines/sources/rbi/sectoral_credit.py
LicenceTerms not yet reviewed; not offered for download
Notes% change on a year earlier as RBI publishes it (Statement 1), for the last reporting day of the month. Includes the effect of a non-bank merging into a bank where RBI notes it. Each release also gives the rate a year earlier; the newest release wins.
Checked against the official releaseNot yet. Values come straight from the publisher, but no one has yet compared them with the press release.

Download and cite

Not available for download (see licence).

Cite: IndiaTracker (2026). Bank credit to services, growth y/y (sectoral deployment) [credit_services_growth]. Retrieved 1 Nov 2026. Original source: RBI.

Latest observations

PeriodValueNote
Sep 202628.32RBI, as published (newest release wins)
Aug 202624.35RBI, as published (newest release wins)
Jul 202622.94RBI, as published (newest release wins)
Jun 202621.43RBI, as published (newest release wins)
May 202620.41RBI, as published (newest release wins)
Apr 202618.58RBI, as published (newest release wins)
Mar 202618.99RBI, as published (newest release wins)
Feb 202616.26RBI, as published (newest release wins)
Jan 202615.47RBI, as published (newest release wins)
Dec 202515.26RBI, as published (newest release wins)
Nov 202511.70RBI, as published (newest release wins)
Oct 202513.02RBI, as published (newest release wins)
Sep 20259.94RBI, as published (newest release wins)
Aug 202510.27RBI, as published (newest release wins)
Jul 202510.19RBI, as published (newest release wins)
Jun 20258.82RBI, as published (newest release wins)
May 20258.39RBI, as published (newest release wins)
Apr 202510.14RBI, as published (newest release wins)
Mar 202512.01RBI, as published (newest release wins)
Feb 202511.71RBI, as published (newest release wins)
Jan 202512.29RBI, as published (newest release wins)
Dec 202411.47RBI, as published (newest release wins)
Nov 202412.78RBI, as published (newest release wins)
Oct 202412.50RBI, as published (newest release wins)

Revisions

PeriodOld valueNew valueRecorded
2025-09-0110.189.942026-11-01
2025-09-019.9410.182026-11-01
2025-09-0110.189.942026-10-30