Essayer OR - Gratuit
ICRA Forecasts NBFC Credit Growth to Slow to 13-15% in FY25 and FY26
The Business Guardian
|April 25, 2025
The credit growth of the non-banking financial companies (NBFCs) is expected to ease to 13-15 per cent in financial year 2025 (FY25) and FY2026 from the 17 per cent in the previous two fiscals, rating agency ICRA said in a report.
Overall, NBFC credit stood at about Rs 52 trillion in December 2024, and it is set to exceed Rs 60 trillion by FY2026.
The retail assets, which accounted for 58 per cent of the overall NBFC credit in December 2024, have been the key growth drivers, while other wholesale and infrastructure credit expanded at a stable rate of 10-12 per cent during FY2023-FY2025.
The retail assets of NBFCs expanded at a compounded annual growth rate (CAGR) of 23 per cent during FY2023-FY2024, said the report.
The rating agency expects retail assets to grow at a relatively slower 16-18 per cent CAGR during FY2025 and FY2026.
Given the high base created in the post-COVID expansion of this segment and concerns of borrower overleveraging, it has impacted loan quality in some asset segments within this space.
Cette histoire est tirée de l'édition April 25, 2025 de The Business Guardian.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Business Guardian
The Business Guardian
Jefferies sees Jio growth: 18% CAGR, $180B valuation
Reliance Jiois well-positioned to deliver strong growth over the next few years, supported by rising telecom tariffs and rapid expansion in its home broadband segment, particularly through Fixed Wireless Access (FWA), according to a report by Jefferies.
2 mins
November 08, 2025
The Business Guardian
Chaitanyananda Saraswati withdraws bail plea in harassment
Chaitanyananda Saraswati, accused of sexually harassing 16 students at a private institute in southwest Delhi, on Friday withdrew his bail plea before a Delhi court, stating he would await the Delhi Police's final report.
1 mins
November 08, 2025
The Business Guardian
India growth above 6.8%: CEA Nageswaran
Chief Economic Advisor (CEA), V Anantha Nageswaran, on Friday said that India's economic growth is expected to be \"north of six and a half,\" adding that he is \"more comfortable saying, even north of 6.8 per cent.\"Speaking about the evolving economic outlook Nageswaran recalled that earlier projections had placed growth in the 6.3 per cent to 6.8 per cent range, with concerns in August about whether the economy would even reach the lower end of that band.
2 mins
November 08, 2025
The Business Guardian
Domestic 10Y yield seen 6.48- 6.58%: BoB
The domestic 10-year government bond yield is expected to trade in the range of 6.48-6.58 per cent in the current month, with a slight downward bias due to higher foreign institutional investor (FII) inflows, according to a report by Bank of Baroda.
1 mins
November 08, 2025
The Business Guardian
Why smart women still self-abandon
She knows better. She reads the signs. She teaches boundaries, speaks of self-worth, and encourages others to choose themselves.
2 mins
November 08, 2025
The Business Guardian
QUICK COMMERCE COMPETITIVE, FOOD DELIVERY PROFIT DRIVER: BERNSTEIN
Bernstein Research projects India's quick commerce market to grow rapidly amid intense competition, with food delivery remaining the key profit driver for online platforms.
2 mins
November 08, 2025
The Business Guardian
Farmer dies in tiger attack, safaris suspended in Nagarahole
A farmer was killed in a tiger attack in Mysuru district on Friday, prompting Karnataka Forest Minister Eshwar Khandre to order the suspension of safari operations in Nagarahole and Bandipur Tiger Reserves, and to halt trekking activities in areas prone to human-wildlife conflict with immediate effect.
1 mins
November 08, 2025
The Business Guardian
3rd Alternativa Film Festival in Medellin, April 2026
Alternativa, the global impact-driven film initiative founded by inDrive, has announced that the 3rd edition of the Alternativa Film Festival (AFF) -- an nomadic event with a focus on impact cinema -- will take place in Medellin, Colombia, from April 21 to April 30, 2026.
2 mins
November 08, 2025
The Business Guardian
Indian states rich in rare earths: IREL
India is stepping up efforts to strengthen its rare earth resources and build a complete domestic value chain to reduce dependency on imports, according to V.Chandrasekar, General Manager and Head of the Rare Earth Division at IREL India Ltd. Speaking to ANI on the sidelines of the CII conference on \"Building Resilient Rare Earth Metal (REM) Supply Chains Through Technology Localization\" on Friday, Chandrasekar said that several Indian states including Tamil Nadu, Kerala, Odisha, and Andhra Pradesh have \"plenty of reserves of rare earths,\" and that the company is \"seriously working on improving resource availability.
1 mins
November 08, 2025
The Business Guardian
Delhi court to deliver order on ED chargesheet in National Herald case
A Delhi court on Friday reserved its order for November 29 on the cognisance of the Enforcement Directorate (ED) chargesheet in the National Herald case.
1 min
November 08, 2025
Listen
Translate
Change font size