Non-food credit is now increasing at a faster pace than a year ago. As the chart shows, non-food credit growth, as on 30 November, was 17.6% compared with 16.8% on 18 November 2011. Bank credit to agriculture and allied sectors is growing much more rapidly than in the previous year. So, too, are personal loans. But growth in loans to the services sector is lower than that in the previous year, despite lending to retail trade and transport operators growing at a more rapid clip. Lending to industry grew at 6% as on 30 November compared with 9.3% on 18 November 2011. Note, however, that loans to large-scale industry have grown faster than in 2011, as the chart shows, while growth of credit to small and medium industries has been much slower.