NBFCs to grow AUM 13-14% next fiscal, twice the pace last fiscal - Strong credit demand, diversification through partnerships to support growth - CRISIL Ratings.
Bank credit to grow ~15% in this and next fiscals - Recovery, stronger balance sheets enablers; retail credit to hold fort, corporate credit to revive - CRISIL.
The gross non-performing assets (NPA) of the banks is expected to improved 90 basis points on-year to 5 per cent this fiscal year and another 100 basis points to a decadal low of 4 per cent by next fiscal, ratings agency CRISIL said in a .
The assets under management (AUM) of housing finance companies are expected to grow 10-12 per cent in this financial year 2022-23, as against 8 per cent in the last financial year, mainly due to home loans, which could grow 15 per cent on-year, .
The assets under management (AUM) of the non-banking finance companies (NBFC) to grow 11-12 per cent, a four-year high, to Rs 13 lakh crore by the end of this fiscal, riding on macroeconomic tailwinds, ratings agency CRISIL said.Disruption in .