US EditionCollaboration between NBFCs and banks needs to be institutionalised: FM Sitharaman - The Rahnuma Daily
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Collaboration between NBFCs and banks needs to be institutionalised: FM Sitharaman - The Rahnuma Daily
Collaboration between NBFCs and banks needs to be institutionalised: FM Sitharaman New Delhi, July 9 (IANS) Gross loan advances by non-banking financial companies (NBFCs) have grown significantly, doubling from Rs 24 lakh crore as of March 2021 to Rs 48 lakh crore as of March 2025, Finance Minister Nirmala Sitharaman said on Wednesday. Addressing the ‘NBFC Symposium 2025’ here, she said NBFCs have emerged as an important source of credit for seg…
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