{
 "meta": {
  "latestPeriod": "2026-08-01",
  "dossier": "credit-nbfc",
  "source": "Reserve Bank of India (via DBIE)",
  "mock": false,
  "geo": "IND",
  "releaseDate": null,
  "revisionPolicy": "Section 42 figures are provisional, then final; sectoral credit is provisional and revised the next month; NPAs and capital ratios are final on release. Seams disclosed, never joined: the 2019 sectoral classification, the July 2023 HDFC merger, the December 2025 reporting calendar.",
  "vintage": "2026-10-09",
  "frequency": "monthly",
  "base": "Selected NBFCs and HFCs",
  "unit": "inr_lakh_crore",
  "coverage": "Credit given by non-banking finance companies (NBFCs and housing finance companies) by sector, for the months the RBI's release prints, from May 2024",
  "note": "RBI, Sectoral Deployment of Credit by NBFCs (selected NBFCs and HFCs, in the monthly sectoral-credit release), ₹ lakh crore, latest release per month. The release prints the current month, the same month a year earlier and the previous March, so months between are not published: they are gaps, not zeros. Housing loans include those of HFCs."
 },
 "dates": [
  "2024-05-01",
  "2024-06-01",
  "2024-07-01",
  "2024-08-01",
  "2024-09-01",
  "2024-10-01",
  "2024-11-01",
  "2024-12-01",
  "2025-01-01",
  "2025-02-01",
  "2025-03-01",
  "2025-04-01",
  "2025-05-01",
  "2025-06-01",
  "2025-07-01",
  "2025-08-01",
  "2025-09-01",
  "2025-10-01",
  "2025-11-01",
  "2025-12-01",
  "2026-01-01",
  "2026-02-01",
  "2026-03-01",
  "2026-04-01",
  "2026-05-01",
  "2026-06-01",
  "2026-07-01",
  "2026-08-01"
 ],
 "series": {
  "nbfc_credit": {
   "name": "nbfc_credit_inr_lakh_crore",
   "label": "NBFC credit, all sectors",
   "data": [
    46.059,
    46.686,
    47.12,
    47.605,
    null,
    null,
    null,
    null,
    null,
    null,
    50.614,
    null,
    51.325,
    51.859,
    52.105,
    52.373,
    null,
    null,
    null,
    null,
    null,
    null,
    57.769,
    null,
    58.605,
    59.31,
    59.89,
    60.641
   ],
   "color": "#2E4BD8",
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "agriculture_and_allied_activities": {
   "name": "agriculture_and_allied_activities_inr_lakh_crore",
   "label": "NBFC credit: Agriculture and Allied Activities",
   "data": [
    0.6491,
    0.6429,
    0.6455,
    0.6489,
    null,
    null,
    null,
    null,
    null,
    null,
    0.6696,
    null,
    0.6813,
    0.6756,
    0.6804,
    0.6822,
    null,
    null,
    null,
    null,
    null,
    null,
    0.7756,
    null,
    0.8033,
    0.7968,
    0.8027,
    0.8011
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "industry": {
   "name": "industry_inr_lakh_crore",
   "label": "NBFC credit: Industry",
   "data": [
    18.551,
    18.734,
    18.862,
    18.99,
    null,
    null,
    null,
    null,
    null,
    null,
    20.324,
    null,
    20.4,
    20.66,
    20.607,
    20.561,
    null,
    null,
    null,
    null,
    null,
    null,
    22.077,
    null,
    21.894,
    22.042,
    22.129,
    22.291
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "infrastructure": {
   "name": "infrastructure_inr_lakh_crore",
   "label": "NBFC credit: Infrastructure",
   "data": [
    17.263,
    17.433,
    17.544,
    17.638,
    null,
    null,
    null,
    null,
    null,
    null,
    18.851,
    null,
    18.874,
    19.122,
    18.974,
    18.912,
    null,
    null,
    null,
    null,
    null,
    null,
    20.166,
    null,
    19.976,
    20.094,
    20.158,
    20.278
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "power": {
   "name": "power_inr_lakh_crore",
   "label": "NBFC credit: Power",
   "data": [
    11.813,
    11.953,
    11.965,
    12.05,
    null,
    null,
    null,
    null,
    null,
    null,
    13.244,
    null,
    13.343,
    13.593,
    13.436,
    13.376,
    null,
    null,
    null,
    null,
    null,
    null,
    14.22,
    null,
    14.116,
    14.256,
    14.363,
    14.487
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "services": {
   "name": "services_inr_lakh_crore",
   "label": "NBFC credit: Services",
   "data": [
    5.255,
    5.351,
    5.363,
    5.408,
    null,
    null,
    null,
    null,
    null,
    null,
    6.441,
    null,
    6.51,
    6.549,
    6.676,
    6.704,
    null,
    null,
    null,
    null,
    null,
    null,
    7.495,
    null,
    7.596,
    7.702,
    7.691,
    7.789
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "transport_operators": {
   "name": "transport_operators_inr_lakh_crore",
   "label": "NBFC credit: Transport Operators",
   "data": [
    1.438,
    1.442,
    1.453,
    1.464,
    null,
    null,
    null,
    null,
    null,
    null,
    1.579,
    null,
    1.607,
    1.601,
    1.616,
    1.621,
    null,
    null,
    null,
    null,
    null,
    null,
    1.752,
    null,
    1.752,
    1.757,
    1.788,
    1.795
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "trade": {
   "name": "trade_inr_lakh_crore",
   "label": "NBFC credit: Trade",
   "data": [
    0.7632,
    0.7854,
    0.8105,
    0.8318,
    null,
    null,
    null,
    null,
    null,
    null,
    0.9671,
    null,
    0.975,
    0.9825,
    1.008,
    1.01,
    null,
    null,
    null,
    null,
    null,
    null,
    1.137,
    null,
    1.138,
    1.151,
    1.155,
    1.168
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "commercial_real_estate": {
   "name": "commercial_real_estate_inr_lakh_crore",
   "label": "NBFC credit: Commercial Real Estate",
   "data": [
    0.7744,
    0.7704,
    0.7692,
    0.7664,
    null,
    null,
    null,
    null,
    null,
    null,
    0.8073,
    null,
    0.8532,
    0.8332,
    0.8458,
    0.8528,
    null,
    null,
    null,
    null,
    null,
    null,
    1.078,
    null,
    1.196,
    1.114,
    1.035,
    1.039
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "retail_loans": {
   "name": "retail_loans_inr_lakh_crore",
   "label": "NBFC credit: Retail Loans",
   "data": [
    18.35,
    18.625,
    18.877,
    19.094,
    null,
    null,
    null,
    null,
    null,
    null,
    20.288,
    null,
    21.088,
    21.289,
    21.46,
    21.698,
    null,
    null,
    null,
    null,
    null,
    null,
    24.384,
    null,
    25.195,
    25.616,
    26.06,
    26.478
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "housing_loans": {
   "name": "housing_loans_inr_lakh_crore",
   "label": "NBFC credit: Housing Loans",
   "data": [
    7.159,
    7.271,
    7.346,
    7.412,
    null,
    null,
    null,
    null,
    null,
    null,
    7.454,
    null,
    7.527,
    7.579,
    7.639,
    7.693,
    null,
    null,
    null,
    null,
    null,
    null,
    8.215,
    null,
    8.346,
    8.441,
    8.546,
    8.624
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "vehicle_loans": {
   "name": "vehicle_loans_inr_lakh_crore",
   "label": "NBFC credit: Vehicle Loans",
   "data": [
    4.629,
    4.684,
    4.742,
    4.799,
    null,
    null,
    null,
    null,
    null,
    null,
    5.242,
    null,
    5.382,
    5.417,
    5.467,
    5.518,
    null,
    null,
    null,
    null,
    null,
    null,
    6.038,
    null,
    6.176,
    6.239,
    6.292,
    6.371
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "loans_against_gold_jewellery": {
   "name": "loans_against_gold_jewellery_inr_lakh_crore",
   "label": "NBFC credit: Loans against gold jewellery",
   "data": [
    1.398,
    1.435,
    1.46,
    1.469,
    null,
    null,
    null,
    null,
    null,
    null,
    1.785,
    null,
    1.943,
    2.017,
    2.101,
    2.158,
    null,
    null,
    null,
    null,
    null,
    null,
    3.101,
    null,
    3.299,
    3.415,
    3.54,
    3.649
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "consumer_durables": {
   "name": "consumer_durables_inr_lakh_crore",
   "label": "NBFC credit: Consumer Durables",
   "data": [
    0.4019,
    0.4138,
    0.4148,
    0.4157,
    null,
    null,
    null,
    null,
    null,
    null,
    0.436,
    null,
    0.4846,
    0.4919,
    0.4928,
    0.4973,
    null,
    null,
    null,
    null,
    null,
    null,
    0.5882,
    null,
    0.6881,
    0.722,
    0.7464,
    0.7778
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  },
  "other_loans": {
   "name": "other_loans_inr_lakh_crore",
   "label": "NBFC credit: Other Loans",
   "data": [
    3.254,
    3.334,
    3.373,
    3.465,
    null,
    null,
    null,
    null,
    null,
    null,
    2.891,
    null,
    2.644,
    2.685,
    2.681,
    2.728,
    null,
    null,
    null,
    null,
    null,
    null,
    3.037,
    null,
    3.117,
    3.153,
    3.209,
    3.282
   ],
   "gaps": [
    "2024-09-01",
    "2024-10-01",
    "2024-11-01",
    "2024-12-01",
    "2025-01-01",
    "2025-02-01",
    "2025-04-01",
    "2025-09-01",
    "2025-10-01",
    "2025-11-01",
    "2025-12-01",
    "2026-01-01",
    "2026-02-01",
    "2026-04-01"
   ],
   "gapsNote": "Not printed in any release: the RBI publishes the current month, a year earlier and March.",
   "unit": "inr_lakh_crore"
  }
 }
}