Bank credit outpaces NBFC credit by 3.7 times in July 2026: BoB report

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Outstanding bank credit as of July 2026 is 3.7 times that of non-banking financial company (NBFC) credit, with bank lending expanding at a much steeper pace, according to a report by Bank of Baroda.

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Bank credit outpaces NBFC credit by 3.7 times in July 2026: BoB report

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