NBFCs chasing retail loans makes for an uneasy cheer

The share of retail credit has expanded to 31.2 percent in FY23 from 26.1 percent in FY19 for NBFCs. Retail loans grew at a scorching 31.3 percent in FY23 even as overall loan growth was 16.1 percent

Aparna Iyer

July 04, 2023 / 09:18 IST

As of March 2023, bank lending to NBFCs constituted 41.2 percent of the total borrowings as against 39.6 percent a year ago

Unlock This Article

Are you a PRO subscriber? Sign In

Ad free Experience

Seamless navigation, faster responses.
Expert Perspective

Explore 230+ exclusive editorials every month
+

Uncover Insights from World-Renowned Experts and Journalists
Actionable Insights

40+ weekly investment ideas + 3 to 4 daily technical calls
Virtual Events

Exclusive Live Webinars for Expert Trading & Investment Strategies!
Newsletters

Stay ahead with daily and weekly insights

Unlock exclusive discounts