NBFCs expand footprint as banks tread cautiously in some retail segments
Between March-end and May-end, non-banking financial companies (NBFCs) gave housing loans worth ₹13,413 crore, as against ₹13,072 crore extended by banks. The gap was much wider in vehicle and consumer durable segments during these two months. While NBFCs saw their vehicle and consumer durable loans increase by ₹13,840 crore and ₹9,991 crore, respectively, they grew by ₹9,772 crore and ₹944 crore for banks.
Post Comment