Sectoral Deployment of Credit by NBFC – August 2026
Data on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of August 2026, collected from major NBFCs and housing finance companies (HFCs), are set out in the Statement 1 . On a year-on-year (y-o-y) basis, NBFCs’ credit registered a growth of 15.8 per cent in August 2026 as compared to 10.0 per cent a year ago. Highlights of the sectoral deployment of credit by…
In August 2026, non-banking financial companies (NBFCs) witnessed a significant 15.8 per cent growth in credit compared to 10.0 per cent growth in the same period last year, according to data released in Statement 1. The sectoral deployment of credit by NBFCs showed varied trends across different sectors.
Agriculture and allied activities experienced a robust 17.4 per cent growth in credit, outpacing the previous year's 5.1 per cent growth. Industry credit saw a modest 8.4 per cent y-o-y increase, maintaining steady growth within the 'infrastructure' segment. However, services sector credit growth moderated to 16.2 per cent from 24.0 per cent a year earlier.
Within the services sector, credit to commercial real estate expanded significantly, while credit growth in the 'trade' and 'transport operators' segments saw a slowdown. Retail loans witnessed an accelerated growth of 22.0 per cent year-on-year, driven by increased credit for housing loans and loans against gold jewellery. Vehicle loans, however, continued to grow robustly with a slight uptick.
The sectoral credit data is based on a sample of NBFCs and housing finance companies (HFCs), accounting for approximately 87 per cent of total credit. The figures are provisional and reported on the last day of the month, with the data representing about 87 per cent of the total credit as per the 'Report on Trend and Progress of Banking in India 2024-25'.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
