New Delhi, Nov. 13 -- 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 ...