NBFCs grab a bigger personal loan share amid bank caution
Even as banks tread cautiously on personal loan disbursements, non-bank lenders are rapidly capturing market share in the segment. According to data from credit bureau CRIF and brokerage house Nomura, NBFCs’ share in new personal loan originations by value rose to 41% as of June 2025 from 27% two years earlier. In terms of volume,…