Budget 2026: BFSI Sector Seeks Credit Boost, Job Stability, and Regulatory Clarity

• The Banking and Financial Services Sector (BFSI) anticipates policy support in Budget 2026 to address credit crunch and employment pressures.
• Key expectations include increased credit access, job stabilization, and acceleration of digital and rural finance.
• Rising NPAs in unsecured personal and auto loans are a growing concern, attributed to economic slowdown and interest rate hikes.
• MSMEs face a significant credit crunch, while housing finance and insurance penetration in rural areas show positive trends.
• The sector seeks a stronger Credit Guarantee Scheme for MSMEs, promotion of co-lending, and a clear FinTech Bill.

Why It Matters: BFSI sector eyes Budget 2026 for policies to boost credit, stabilize jobs, and streamline financial regulations.