Newsroom TransUnion CIBIL

· NBFCs have become a powerhouse of credit inclusion, growing their credit-active consumer base by nearly 7 times over the past decade – approximately 2.5 times faster than the overall credit industry

· NBFCs continue to expand access across the credit spectrum, while leading lending to below prime consumers, who make up 35% of their credit-active consumers base

· NBFCs have established themselves as the lender of choice for small-ticket credit, accounting for 47% of loan originations below ₹2 lakh

Mumbai, India, 5 October, 2026: Non-Banking Financial Companies (NBFCs) have become a major gateway to formal credit in India, accounting for nearly half (47%) of New-to-Credit (NTC) consumer originations as of June 2026. …