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NBFC credit grows 15.8% in August, gold loans surge 69%, RBI says

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NBFC credit grows 15.8% in August, gold loans surge 69%, RBI says

NBFC credit grows 15.8% in August, gold loans surge 69%, RBI says

Outstanding credit of NBFCs rose 15.8 per cent year-on-year to Rs 60.64 lakh crore in August 2026, with retail credit growing faster at 22 per cent, while gold loans recorded a sharp 69.1 per cent growth, according to provisional RBI data.

NBFC outstanding credit rises to Rs 60.64 lakh crore in August 2026, up 15.8% YoY from Rs 52.37 lakh crore a year earlier

Retail credit grows 22% YoY to Rs 26.48 lakh crore, faster than overall NBFC credit growth

Gold loans surge 69.1% YoY to Rs 3.65 lakh crore; consumer durable loans rise 56.4%

Industry credit grows 8.4% YoY to Rs 22.29 lakh crore, while services credit rises 16.2%

Outstanding credit of non-banking financial companies (NBFCs) rose 15.8 per cent year-on-year to Rs 60.64 lakh crore in August 2026 from Rs 52.37 lakh crore a year earlier, according to provisional data released by the Reserve Bank of India ( RBI ) on Tuesday. Credit growth was driven by retail lending, which grew 22 per cent year-on-year to Rs 26.48 lakh crore in August 2026 from Rs 21.70 lakh crore in the year-ago period. Within retail lending, gold loans recorded the sharpest growth, rising 69.1 per cent year-on-year to Rs 3.65 lakh crore in August 2026 from Rs 2.16 lakh crore a year earlier. Consumer durable loans also recorded strong growth of 56.4 per cent to Rs 77,784 crore during the period. Advt


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