{
  "id": 6135448,
  "title": "Sectoral Deployment of Credit by NBFC – July 2026",
  "url": "https://urgent.news/2026/09/07/sectoral-deployment-of-credit-by-nbfc-july-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T13:14:34.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63536"
  },
  "original_language": "en",
  "account": "According to the July 2026 Statement 1, non-banking financial companies (NBFCs) recorded a 14.9% increase in credit compared to a 10.6% increase in the same month last year. The sectoral breakdown of NBFC credit shows a strong growth of 18.0% in agriculture and allied activities, up from 5.4% a year ago. Industry credit saw a 7.4% increase, while services sector credit growth slowed to 15.2% from 24.5% a year earlier. Notably, commercial real estate credit expanded significantly, while trade and transport operators experienced a slowdown. Retail loans grew at an accelerated rate of 21.4% year-on-year, with housing and gold jewellery loans segments showing particular growth, whereas vehicle loans remained steady.",
  "summary": "Data on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of July 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 14.9 per cent in July 2026 as compared to 10.6 per cent a year ago. Highlights of the sectoral deployment of credit by…",
  "key_points": [
    "NBFCs saw 14.9% credit increase in July 2026",
    "Agriculture and allied activities grew 18.0%",
    "Retail loans surged 21.4% year-on-year"
  ],
  "editors_take": "The acceleration in NBFC credit growth signals a shift in lending priorities, with agriculture, retail, and commercial real estate emerging as key areas of focus, while services and trade sectors experience slowdowns.",
  "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."
}