Indian Industry Analysis

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.

3 min read05:40 AM IST

Banking

NBFCs expand footprint as banks tread cautiously in some retail segments