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NBFCs' credit growth to moderate to 13-15%: Icra
Financial Express Lucknow
|April 25, 2025
THE NON-BANKING FINANCIAL companies (NBFCs) in the country are experiencing moderated credit growth, projected at 13-15% in FY25 and FY26, down from 17% in preceding two years, according to a report by rating agency Icra.
The retail loans are expected to slow down to 16-18% due to high post-pandemic base effects and rising stress in unsecured segments like microfinance and personal loans.
Overall, NBFC credit stood at about ₹52 trillion in December 2024 and it is set to exceed ₹60 trillion in FY26. Within this, the retail assets, which accounted for 58% 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% during FY23-25. The retail assets of NBFCs expanded at a compounded annual growth rate (CAGR) of 23% during FY23-24.
यह कहानी Financial Express Lucknow के April 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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