New data from the Reserve Bank of India show that retail lending by non-banking financial companies rose 21.4 percent year-on-year in July 2026, the fastest growth among the major sectors, according to RBI data.
The RBI figures indicate continued momentum in NBFCs retail lending during July 2026.
This development highlights the NBFC sector’s role in delivering consumer credit, with retail lending rising at the strongest pace among the major sectors for the month.
For investors and regulators, the figure provides a reference point for credit growth in the NBFC segment for July 2026.
