Retail credit grows twice as quickly as NBFC unsecured loans.
The growth rate of NBFC unsecured loans is twice that of retail credit. NBFC Unsecured Loans: Non-Banking Financial Companies (NBFCs) in India have experienced a significant rise in their unsecured loan portfolios, which grew at a compound annual growth rate (CAGR) of nearly 32% from FY2017 to FY2024. According to a joint study by Assocham … Read more