TREMOR's India bank-credit data comes from the RBI Sectoral Deployment of Bank Credit (SIBC) release. This page documents the reconciliation checks - for each parent category, whether the sum of its published sub-categories matches the parent total (primary reporting dates only). For data sources and the sector hierarchy, see the companion India credit methodology page.
Open the interactive India Bank Credit tool on TREMOR for the live per-date reconciliation tables.
Data reconciliation - 7 parent-child checks
For each parent category we check whether the sum of its published sub-categories matches the parent total at every primary reporting date.
| Check | Status | Remarks |
|---|---|---|
| Bank Credit (I) = Food Credit (II) + Non-food Credit (III) | PASS | Exact match across all periods |
| Non-food Credit (III) = Agriculture + Industry + Services + Personal Loans | KNOWN GAP | ~5% residual - see Note 1 |
| Industry (2) = Micro & Small + Medium + Large | PASS | Exact match across all periods |
| Services (3) = sum of 10 sub-sectors (3.1 to 3.10) | PASS | Exact match across all periods |
| Trade (3.7) = Wholesale Trade + Retail Trade | PASS | Exact match across all periods |
| NBFCs (3.9) = HFCs (3.9.1) + PFIs (3.9.2) + Other NBFCs (3.9.3, computed) | PASS | Zero gap after the computed balancing figure - see Note 2 |
| Personal Loans (4) = sum of 9 sub-sectors (4.1 to 4.9) | PASS | Exact match across all periods |
The live per-date detail tables (for the checks with gaps) are in the interactive tool.
Note 1: Non-food credit gap (~5%)
The sum of the four major sectors (Agriculture + Industry + Services + Personal Loans) consistently falls short of the Non-food Credit total by approximately 5% (currently around Rs. 10.76 lakh crore). This residual is a category RBI does not break out separately - it is not a sub-item under any of the four major sectors; it sits between the Non-food Credit total and the sum of its four published children. A structural feature of how RBI publishes the data, not a data-quality issue; the gap percentage is consistent across all periods (ranging 4.6% to 7.0%).
Note 2: NBFCs - computed balancing figure
The published "NBFCs" line (3.9) includes all bank lending to NBFCs, but RBI publishes only two sub-items: HFCs (3.9.1) and PFIs (3.9.2), together originally only ~35% - leaving a ~65% gap. To close it we add a computed balancing figure, "COMPUTED: Other NBFCs (MFIs, Gold Loan, Others)" (sector 3.9.3 = 3.9 minus 3.9.1 minus 3.9.2), representing lending to MFIs, gold-loan NBFCs, and all other NBFCs (per the SIBC return form). After adding it, the NBFCs check passes with zero gap across all reporting periods. See the methodology page under "Computed Variables".
See it live
This page is the static, readable companion to the reconciliation view in TREMOR's India Bank Credit tool. Open the interactive tool on TREMOR, or read the India credit methodology page. TREMOR is part of tigzig.com - AI for analytics, databases and macro signals.