From Livemint
Center-Right Owned by HT Media Ltd.Why NBFCs have become the option of choice for many first-timer borrowers — Explained
RSS excerpt
A joint FIDC–TransUnion CIBIL report says NBFCs are the main entry point to formal credit for many first-time borrowers. As of June 2026, 74% of live new-to-credit customers had used only NBFC credit, reflecting lenders’ reach and role in expanding access.
