NBFCs Celebrate Retail Lending Boom in May 2026

In May 2026, non-banking financial companies (NBFCs) saw a credit boost of 14.2% year-on-year, thanks to a retail lending frenzy and a sprinkle of agriculture loans. Retail loans were the shining stars, soaring 19.5% to Rs 25.19 trillion, while industry loans took a nap. Overall, NBFCs are thriving in the world of consumer lending, and it's a party over here!