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NBFC-MFIs' AUM to grow 24-26%, profitability 2.7-3.0% in FY24

NBFC-MFIs' AUM to grow 24-26%, profitability 2.7-3.0% in FY24
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Healthy CAGR of 60% in transaction volumes drive Payment banks profitability in FY2022: ICRA

As per a recently released ICRA report, the transaction volumes for payment banks have displayed a robust growth with compounded annual growth rate of 60% over the last four years.

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NBFC-MFIs' AUM expected to grow by 22-25% in FY2023 driven by buoyant demand and likely increase in average ticket sizes: ICRA

ICRA Ratings carries a Stable outlook for the non-banking financial companies-microfinance institutions, driven by the expected healthy growth in the assets under management and the improvement in profitability.

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NBFC-MFIs Witnessing Turnaround; Expect Healthy Portfolio Growth and Improved Profitability in FY22-23: ICRA

Driven by the expected healthy growth in the assets under management (AUM) and the improvement in profitability, non-banking financial companies-microfinance institutions (NBFC-MFIs),

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