Bank Lending Soars 34% in May, Services Sector Thrives

Bank lending to non-banking financial companies went boom!—up 34% to a whopping Rs 20.9 trillion by the end of May 2026! Trade credit also got a nice boost, while credit to the services sector jumped 20.4%. Retail loans grew, thanks to housing loans, but gold loan growth took a breather. Meanwhile, credit to industries is on fire!

Quick rundown

1.Credit to NBFCs skyrocketed by 33.7% YoY.

2.Trade credit growth hit 17.3% YoY.

3.Services sector credit surged by 20.4% YoY.

4.Gold loan growth slowed to 105.5% YoY.

5.Agriculture credit grew by 14.9% YoY.

MSME Loans Soar to Rs 46 Trillion But Growth Hits a Snag
MSME Loans Soar to Rs 46 Trillion But Growth Hits a Snag
So, loans for micro, small, and medium businesses reached a whopping Rs 46 trillion by April 2026, marking a 12.8% increase from last year. But wait! Between December and April, growth slowed to just 3.1%, down from a lively 9.7%. Active loans took a hit, especially in manufacturing and trade, showing that global uncertainty is causing quite the ruckus.
01:10 pm on Friday, 5 June, 2026
Microfinance Loans Rise, Borrowers Drop Like Bad Habits
Microfinance Loans Rise, Borrowers Drop Like Bad Habits
Listen up, sports fans! Microfinance loans just made a triumphant return after a seven-quarter snooze fest! But hold your horses, because the borrower base is still shrinking like a balloon losing air, down by 22.7 lakh. The RBI reports that while lending is on the rise, asset quality is flexing hard, improving for five quarters straight! Can you smell what the RBI is cooking?
03:10 pm on Tuesday, 30 June, 2026
India's Money Market Soars as Banks Join Lending Party
India's Money Market Soars as Banks Join Lending Party
India's money market is on fire! State-owned banks are borrowing like there's no tomorrow, pushing turnover to a jaw-dropping ₹5.5 trillion. With credit demand soaring, even private banks are joining the lending party. But beware, higher borrowing costs are sneaking in, making this money dance a bit tricky!
06:35 am on Thursday, 4 June, 2026
India Ki Retail Lending Market Mein Badi Tezi Aayi Hai
India Ki Retail Lending Market Mein Badi Tezi Aayi Hai
Arre bhai, India ki retail lending market ab badi tezi se badh rahi hai! Ghar, gaadi, aur sona sab kuch loan ke liye ready hai! Samir Bahl bhai keh rahe hain, 'Yeh toh badi opportunity hai!' Par bhai, loan lene ka process samajhna toh Daya ki garba energy se bhi zyada mushkil hai! Digital duniya mein sab kuch fast ho raha hai, par main toh abhi bhi Babita Ji ko impress karne ki soch raha hoon!
07:50 am on Friday, 26 June, 2026
Banks Pump Up Lending Rates While Deposits Snooze a Bit
Banks Pump Up Lending Rates While Deposits Snooze a Bit
Hey there! So, banks are raising their lending rates to 8.5% in April, even though the RBI is just sittin' pretty with the policy repo rate. Meanwhile, deposits are taking a little snooze, dropping to 5.77%. But guess what? Credit is still rockin' at 16%! Isn’t that just fantastic? Let’s keep this party going, folks!
04:40 pm on Friday, 5 June, 2026

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