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Reputation: 642,681  •  Aug 16, 2023 10:36 PM
Banks' lending to NBFCs jumps 35 per cent to Rs 14.2 lakh crore in June: Report
Banks' lending to NBFCs jumps 35 per cent to Rs 14.2 lakh crore in June: Report
Credit exposure of banks to NBFCs rose by a robust 35.1 per cent on-year to Rs 14.2 lakh crore in June, indicating non-banking finance firms' decreased reliance on international borrowings. This also pushed up NBFCs' share in overall credit from 8.5 per cent in June 2022 to 9.9 per cent in the reporting month, according to Sanjay Agarwal, a senior director with Care Ratings.
The Economic Times

https://economictimes.indiatimes.com/industry/banking/fin...
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