Banks Unleash Credit Tsunami: NBFCs Soar 34% in May Madness

Okay, fam, banks just unleashed a credit tsunami for NBFCs, skyrocketing 34% to a jaw-dropping Rs 20.9 trillion as of May 2026! Trade credit is flexing hard at 17.3%, and the services sector is thriving like never before at 20.4%. Retail loans are also strutting in, while gold loans are like, ‘Hold my bling!’ It’s a total credit glow-up, no cap.