NBFCs Drive India’s Credit Growth: RBI Reports 14% YoY Increase in May

NBFCs continue to strengthen India’s credit ecosystem.

The latest RBI data shows 14% YoY credit growth in May, driven by retail, gold, and farm loans.

As funding needs evolve, access to the right financing partner is becoming just as important as access to capital itself.

Source: Reserve Bank of India (RBI) Monthly Data, as reported by The Economic Times.

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