Non-food bank credit growth slowed to 12 per cent year on year in March 2025, as of the fortnight ending March 21, said Reserve Bank of India(RBI). The data excludes the impact of the merger of a non-bank with a bank. This marks a slowdown compared to the 16.3 per cent growth recorded in the same period last year. The data released by the RBI, compiled from 41 select scheduled commercial banks (SCBs) that account for nearly 95 per cent of total non-food credit, highlights notable trends across key economic sectors. Agriculture and Industry Credit to the agriculture and allied activities sector grew 10.4 per cent YoY, significantly lower than the 20 per cent growth seen in the corresponding fortnight of the previous year. Meanwhile, credit to the industrial sector maintained a steady 8 per cent growth, mirroring the pace of last year.