{"id":11910,"date":"2026-05-02T23:27:16","date_gmt":"2026-05-02T17:57:16","guid":{"rendered":"https:\/\/banitoday.com\/nbfcs-nbfcs-share-of-incremental-bank-credit-doubles-to-14\/"},"modified":"2026-05-02T23:27:16","modified_gmt":"2026-05-02T17:57:16","slug":"nbfcs-nbfcs-share-of-incremental-bank-credit-doubles-to-14","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/nbfcs-nbfcs-share-of-incremental-bank-credit-doubles-to-14\/","title":{"rendered":"Nbfcs: NBFCs\u2019 share of incremental bank credit doubles to 14%"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-articlebody=\"1\"><video-embed value=\"false\"\/><\/p>\n<div class=\"ihgno clearfix  \">\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-130708669,imgsize-58932,width-400,height-225,resizemode-4\/smfg-infuses-1075-crore-into-india-nbfc-arm-to-support-growth-plans.jpg\" alt=\"NBFCs\u2019 share of incremental bank credit doubles to 14%\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>MUMBAI: Bank credit growth in FY26 was led by services and retail segments, with non-food credit expanding by Rs 29.2 lakh crore, driven largely by lending to NBFCs, housing, and gold-backed loans, according to sectoral data.<span class=\"id-r-component br\" data-pos=\"2\"\/>Services and personal loans together accounted for over two-thirds of incremental credit. Services saw an addition of Rs 9.7 lakh crore, contributing 33.1% of total growth, while personal loans rose by Rs 9.7 lakh crore, accounting for 33.2%.<span class=\"id-r-component br\" data-pos=\"4\"\/>Within services, NBFCs emerged as the largest recipient of incremental credit. Loans to NBFCs rose by Rs 4.3 lakh crore, making up 14.8% of total credit growth. Housing finance companies within this segment accounted for Rs 50,157 crore, or 1.7% of the incremental credit.<span class=\"id-r-component br\" data-pos=\"8\"\/>Retail lending growth was led by housing and gold loans. Housing loans increased by Rs 3.5 lakh crore, contributing 11.8% of total credit expansion. Loans against gold jewellery rose by Rs 2.5 lakh crore, accounting for 8.7% of the total. According to the data, part of the increase in gold loans reflects a reclassification of certain agricultural loans into the retail segment.<span class=\"id-r-component br\" data-pos=\"10\"\/>In percentage terms, loans against gold jewellery rose 124.8%. Computer software grew 39%, while wholesale trade expanded 20.1%. Personal loans recorded a growth of 16.2%, indicating stronger momentum in these segments relative to others. Industry credit rose by about Rs 6 lakh crore, contributing 20.4% of the total increase, while agriculture and allied activities saw an addition of Rs 3.6 lakh crore, accounting for 12.3%.<span class=\"id-r-component br\" data-pos=\"12\"\/><\/p>\n<div data-type=\"in_view\" class=\"  \">\n<div class=\"sQLTU timeline_pollWrapper_as  \" data-scrollga=\"scroll#poll_view\">\n<div>\n<p>Poll<\/p>\n<p>Which segment contributed the most to bank credit growth in FY26?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/nbfcs-share-of-incremental-bank-credit-doubles-to-14\/articleshow\/130708665.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Bank credit growth in FY26 was led by services and retail segments, with non-food credit expanding by Rs 29.2 lakh crore, driven largely by lending to NBFCs, housing, and gold-backed loans, according to sectoral data.Services and personal loans together accounted for over two-thirds of incremental credit. Services saw an addition of Rs 9.7 lakh [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11910","post","type-post","status-publish","format-standard","has-post-thumbnail"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/11910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=11910"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/11910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/11911"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=11910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=11910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=11910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}