NBFC credit grows 14.2% in May, led by nearly 70% jump in gold loans: RBI
Outstanding loans extended by non-banking financial companies (NBFCs) against gold jewellery surged 69.9% year-on-year in May 2026, making it the fastest-growing lending segment, according to data released by the Reserve Bank of India (RBI) on Tuesday (July 7). Outstanding gold loans stood at ₹3.29 lakh crore at the end of May, up from ₹1.94 lakh…
