NEW DELHI: The Auto NBFC space witnessed a gradual improvement in disbursement momentum in the second quarter of FY26 after a relatively soft first quarter, according to a report by Centrum. However, the pace of growth across players remains mixed, with lenders having a diversified portfolio gaining a clear advantage over pure-play vehicle financiers.

It stated, “Diversification and non-vehicle lending are becoming central growth pivots, while CV demand revival and rural recovery will determine near-term performance in 2HFY26”. The report highlighted that diversification and non-vehicle lending have become central growth pivots for auto financiers. The performance of the sector in the second half of FY26 will largely depend on the revival of commercial vehicle (CV) demand and rural recove

See Full Page