NBFCs' credit growth stood at 17.4% in FY23.
The credit growth of middle-layer NBFCs was relatively muted on account of a contraction in unsecured loans.
As on March 2024, more than two-thirds of the aggregate credit exposures and total borrowings of NBFCs were long-term - more than 12 months. Credit to industry and retail sector accounted for almost 71.2%, the highest percentage in the entire loan portfolio. It was followed by the agriculture and allied sector and micro, small, and medium enterprises (MSMEs).
Diese Geschichte stammt aus der December 27, 2024-Ausgabe von Financial Express Chandigarh.
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Diese Geschichte stammt aus der December 27, 2024-Ausgabe von Financial Express Chandigarh.
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