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India's non-bank lenders' credit grew 15.8% year over year in August 2026

The Economic Times, citing RBI data, reports gold loans grew 69.1% year over year and consumer durable loans rose 56.4%.

Economic TimesET
1 Source, 26m ago, first seen 26m ago

TLDR

The Economic Times reports, citing RBI data, that non-banking financial companies' credit grew 15.8% year over year to ₹60.6 lakh crore at the end of August 2026, compared with 14.9% growth a month earlier. Gold loans grew 69.1% and consumer durable loans 56.4%, while growth in lending to the services sector slowed to 16.2% from 24%.

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Economic Times@EconomicTimesNBFC credit growth rises to 15.8% in August as gold, consumer durable loans surge https://economictimes.indiatimes.com/industry/banking/finance/nbfc-credit-growth-rises-to-15-8-in-august-as-gold-consumer-durable-loans-surge/articleshow/134745477.cms26m
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    Economic Times@EconomicTimesNBFC credit growth rises to 15.8% in August as gold, consumer durable loans surge https://economictimes.indiatimes.com/industry/banking/finance/nbfc-credit-growth-rises-to-15-8-in-august-as-gold-consumer-durable-loans-surge/articleshow/134745477.cms26m
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