Banks Drop Cash to NBFCs, Services Sector Gets Lit

Finance

DoggfatherDoggfather

Banks Drop Cash to NBFCs, Services Sector Gets Lit

Yo, listen up! Banks be droppin' a hefty 33.7% on them NBFCs, stackin' up to Rs 20.9 trillion by May 31, 2026. Trade credit's cruisin' at 17.3%, boostin' services sector credit to a smooth 20.4% YoY. Retail loans chillin' at 15.4%, while gold loans took a lil' breather. Industry's flexin' with 17.5% growth, and agriculture's keepin' it real at 14.9%.