From The Economic Times · PTI · · 40s
NBFC Credit to Gold Jewellery Grows 50% in September
RBI data shows NBFC credit to gold jewellery and consumer durables surged over 50% in September 2026.
In brief
RBI data shows NBFC credit to gold jewellery and consumer durables surged over 50% in September 2026. Non-banking finance companies increased credit to gold jewellery by 66.1% and consumer durables by 54.4% in September 2026. Originally reported by The Economic Times.
NBFC Credit to Gold Jewellery
Non-banking finance companies increased credit to gold jewellery by 66.1% year-on-year to Rs 3.74 lakh crore in September 2026.
NBFC Credit to Consumer Durables
NBFC credit to consumer durables rose 54.4% year-on-year to Rs 77,896 crore in September 2026.
Overall NBFC Credit Growth
The overall credit of NBFCs grew 15.4% year-on-year to Rs 61.69 lakh crore in September 2026.
The bottom line
Non-banking finance companies increased credit to gold jewellery by 66.1% and consumer durables by 54.4% in September 2026.
