31-October-2026
Markets and Finance
 
NBFCs overtake housing as biggest driver of bank credit
31-Oct-2026

Banks lent more to NBFCs than to home buyers in the first half of FY27, with advances to non-bank lenders rising by Rs 1.8 lakh crore, compared with Rs 1.4 lakh crore for housing. Of the Rs 16.1 lakh crore incremental non-food credit added between March 31 and Sept 30, industry accounted for Rs 3.7 lakh crore, while trade absorbed Rs 1 lakh crore, reflecting strong demand across corporate and services segments.

News Source:- https://timesofindia.indiatimes.com/business/india-business/nbfcs-overtake-housing-as-biggest-driver-of-bank-credit/articleshow/135380927.cms
 
 
 

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