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5.8

India NBFC credit growth accelerates to 14.9% y/y in July 2026

RBI data shows NBFC credit growth rose to 14.9% y/y in July 2026 from 10.6% a year ago, with agriculture credit surging to 18.0% from 5.4%. The acceleration signals strengthening domestic credit demand, though sectoral breakdown beyond agriculture is incomplete. This supports a positive growth outlook for India's financial sector.

Reserve Bank of India — Press Releases2 days agoINengCredibility 87%View source

Score Breakdown

Mosaic Score5.8
Confidence0.9
Significance0.5
Source credibility0.9

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