RBI Data
Latest news, explainers and analysis on RBI Data. Tracking 3 stories on Arth Vani.
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Latest on RBI Data
BreakingNBFC Gold Loans Surge 68.5%, Consumer Durable Loans Jump 51.5% in July: RBI
Non-Banking Financial Company (NBFC) gold loans saw a significant 68.5% year-on-year increase in July, while consumer durable loans grew by 51.5% during the same period, according to recent data from the Reserve Bank of India (RBI). This growth highlights increasing demand for quick credit solutions and discretionary spending among Indian consumers.
BreakingNBFC Credit Surges 14.4% to ₹59.3 Lakh Crore in June, Retail Loans Lead Growth
Non-banking finance companies (NBFCs) saw their total credit outstanding increase by a robust 14.4% year-on-year to ₹59.3 lakh crore in June, according to recent RBI data. This significant growth was primarily driven by retail loans, which expanded by 20.3% during the same period.
Manufacturing Boom: Auto and Electrical Sectors Drive 14.5% Sales Surge in Q4
India's private manufacturing sector recorded a robust 14.5% jump in sales during the final quarter of the financial year, led by heavy demand for automobiles and machinery. While input costs are rising, the broader growth across services and industry signals a healthy economic outlook for retail investors.
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