FIDC

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

1 Stories Indexed

Last Updated: Just Now

Verified Entity Intelligence

Banking, Fintech & Insurance 03 Oct 2026, 03:59 AM IST

NBFCs Now Drive Half of India’s New-to-Credit Borrowers, Up From 24% in 2016: TransUnion CIBIL-FIDC

Non-banking finance companies now account for 50% of India’s new-to-credit borrowers, sharply up from 24% in June 2016, according to a TransUnion CIBIL-FIDC report covering about 2,000 NBFCs. The findings underscore how NBFCs have become a critical gateway to formal credit for first-time borrowers, especially in segments tied to mobility, vehicle finance and broader retail lending.

By RDU Global Wire5 min read

🏢 About this Entity

Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

Co-Occurring Entities

Entities frequently referenced alongside FIDC:

TransUnion CIBIL(1)NBFCs(1)India(1)