Banks Crank Up NBFCs by 34% in May – Lending Fiesta Time!

Hey, you guys! Banks are totally on fire, boosting non-banking financial companies by 34% to a jaw-dropping Rs 20.9 trillion! And guess what? Trade credit is strutting its stuff with a 17.3% jump! It's a lending fiesta, with services sector lending soaring by 20.4%! Retail loans are getting all snuggly too, especially housing, up 10.9%! Can you believe it? Lending party time, baby!

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.

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04:40 pm on Friday, 5 June, 2026

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