{
  "id": 18492114,
  "title": "Sectoral Deployment of Credit by NBFC – September 2026",
  "url": "https://urgent.news/2026/11/06/sectoral-deployment-of-credit-by-nbfc-september-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T11:54:51.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63940"
  },
  "original_language": "en",
  "account": "Non-banking financial companies (NBFCs) experienced a 15.4% increase in credit sectorally in September 2026 compared to 13.3% in the same period a year prior, according to the latest Statement 1. In terms of specific sectors, agriculture and allied activities saw a notable 17.8% growth year-on-year, surpassing the 5.2% increase from September 2025. However, the industry sector recorded a decline to 7.4% year-on-year, down from 10.2% in September 2025. The services sector had a moderated credit growth of 17.3% in September 2026, compared to 23.0% a year earlier. Within the services sector, credit growth in 'commercial real estate' was particularly robust, while 'trade' and 'transport operators' segments also saw higher credit growth. Retail loans experienced a significant surge of 21.9% year-on-year in September 2026, up from 16.8% in September 2025. Within the retail sector, 'housing loans', 'loans against gold jewellery', and 'vehicle loans' all witnessed accelerated credit growth.",
  "summary": "Data on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of September 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 15.4 per cent in September 2026 as compared to 13.3 per cent a year ago. Highlights of the sectoral deployment of…",
  "key_points": [
    "NBFCs saw 15.4% increase in credit sectorally in September 2026",
    "Agriculture and allied activities grew 17.8% year-on-year",
    "Retail loans surged 21.9% year-on-year in September 2026"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}