NBFC credit growth accelerates to 14.2% in May; retail loans major contributor

New Delhi [India], July 7 (ANI): Credit extended by non-banking financial companies (NBFCs) grew 14.2 per cent year-on-year in May 2026 from 11.4 per cent a year ago with retail loans emerging as major credit contributor, as per a statement by the Reserve Bank of India (RBI). As per the release, while NBFC lending momentum remained healthy in May, growth was increasingly driven by retail and agriculture segments