NBFCs vs Bank: NBFCs credit growth hits 20% in FY25; MFIs see 95% profit plunge as sector expands sharply
Non-banking financial companies (NBFCs) outpaced commercial banks in credit growth during fiscal year 2025, clocking a sharp 20% increase compared to the banking sectorโs 12% rise, according to a report by the Boston Consulting Group (BCG).The surge was largely driven by the Gold NBFC segment, […]
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