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NBFC loans to match banks' non-mortgage retail loans

The retail loan portfolio of the Non Banking Finance Companies (NBFCs) is expected to grow over Rs 4000 crore or USD 4 trillion by March 31, 2013.

March 18, 2011 / 15:31 IST

The retail loan portfolio of the Non Banking Finance Companies (NBFCs) is expected to grow over Rs 4000 crore or USD 4 trillion by March 31, 2013. NBFCs are well-positioned to establish a stronger presence in the retail finance space, and match the non-mortgage retail lending portfolio of banks, said a report by credit rating agency CRISIL.

first published: Mar 16, 2011 05:14 pm

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