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Official press release — a government communication announcing decisions, milestones, or initiatives. Signals intent and often precedes formal notification or legislative action.
Summary
Data on sectoral deployment of bank credit for the month of August 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs1, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 18.8 per cent as on the fortnight ended August 31, 2026, compared to 10.2 per cent during the corresponding fortnight of the previous year (i.e., September 5, 2025). Highlights of t
Key Facts
TypePress release
SourceReserve Bank of India
PublishedWednesday, 30 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
1 change recorded for this policy.
DescriptionTuesday, 6 October 2026via rbi
Data on sectoral deployment of bank credit for the month of August 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs1, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 18.8 per cent as on the fortnight ended August 31, 2026, compared to 10.2 per cent during the corresponding fortnight of the previous year (i.e., September 5, 2025). Highlights of t
Data on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of August 2026, collected from major NBFCs and housing finance companies (HFCs), are set out in the Statement1. On a year-on-year (y-o-y) basis, NBFCs’ credit registered a growth of 15.8 per cent in August 2026 as compared to 10.0 per cent a year ago. Highlights of the sectoral deployment of credit by NBFCs for the month ended August 31, 2026, are given below: Credit to agriculture and allied act
Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 71,580 Amount accepted (in ₹ crore) 71,580 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1317
Dr Martin Patrick, Senior Fellow (Economy), Centre for Public Policy Research (CPPR), discusses Kerala’s economic development priorities, focusing on employment generation, higher education, investment, technology and sustainable growth. The interview explores ways to strengthen Kerala’s economy by creating local employment […] The post Kerala’s Economic Development: Growth, Employment and Sustainability | Dr Martin Patrick appeared first on Centre for Public Policy Research (CPPR).