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NBFCs overtake housing as biggest driver of bank credit - The Times of India
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.
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