Credit - Flattrade Kosh

NBFC-MFIs’ AUM to grow 30% on improving asset quality: Report

Asset Under Management of non-banking financial company-microfinance institutions (NBFC-MFIs) is expected to grow 25-30% in FY24, on the back of improving asset quality, higher economic activity, and rising profitability, said CRISIL Ratings.The growth in AUM has been accompanied by declining ...

NBFCs credit grows 13.1% in H1FY23; asset quality improves, says CareEdge Ratings

Non-Banking Finance Companies (NBFCs) in India has witnessed an aggregate credit growth of 13.1% to Rs 31.5 lakh crore in H1FY23, according to CareEdge Ratings. The report said that there has been a shift in the segmental distribution of credit ...

Incremental credit growth hits 13-year high in August 2022, says CareEdge

Rating agency CareEdge in its latest report on bank credit said that incremental credit off-take rose by 4.8% in August 2022, aided by housing, vehicle, NBFCs and petroleum- based sectors. It is the highest growth reported in the last thirteen ...

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