Scheduled Commercial Banks (SCBs) Record Robust Credit Growth of 15.9% in FY 2025-26, Reflecting Strong Economic Activity and Credit Demand

• Scheduled Commercial Banks (SCBs) — banks listed in the Second Schedule of the RBI Act, 1934; primary conduit of formal credit in India.
• FY 2025-26 ended with non-food credit growth of 15.9% y-o-y, a 497 bps jump over the previous year's 10.9%.
• Aggregate credit outstanding reached ₹212.9 lakh crore in March 2026, up ₹29.2 lakh crore y-o-y.
• Relevance: GS-III (Indian Economy — banking, financial intermediation, growth indicators).