Archive · 25 Sep 2025
Non-Bank Sources Aid Commercial Sector Funding in FY25
In FY25, companies in India received money from different places.
While the amount of money from banks slowed down, companies got more money from other sources, like selling stocks and getting loans from non-bank companies.
Also, companies borrowed more short-term money from foreign countries.
This helped companies get the funds they needed, showing that the financial system in India can adjust to changes.
Bank credit expansion moderated during FY25.
Non-bank sources played a key role in bridging funding gaps.
Equity issuances and NBFC credit contributed to increased funding.
Short-term external credit rebounded.
Overall financial resources to the commercial sector increased.
- Who
- RBI Officials
- What
- Financial resource flow to the commercial sector
- When
- FY25
- Where
- India
- Why
- To analyze the adaptability of the financial system
Bank-centric financing
Non-bank financing
Financing Source
Bank-centric financing
Banking system is the most important source.
Non-bank financing
Recourse to market-based financing is increasing.
- Source
- RBI Bulletin
- Period
- FY25
- Bank Credit Moderation
- ₹3.4 lakh crore
- Non-Bank Funding Increase
- ₹4.5 lakh crore
- Total Financial Resources Increase
- ₹1.1 lakh crore
- Outstanding Bank Credit (as % of GDP)
- 55.1% (end-March 2025)
Sources
RBI Highlights Robust Prospects For NBFCs In Vehicle & Gold Loan Segments
What RBI’s September bulletin means? 5 key ways GST and reforms are set to drive growth
FM Sitharaman urges banks to boost MSME lending, stronger NBFC-PSB ties
