Lower base: NBFC loan sanctions pick up in Q2 but below last year’s levels
A data sheet released by industry association Finance Industry Development Council (FIDC) showed that NBFCs sanctioned loans worth Rs 2.17 lakh crore during the quarter ended September 2021, down 9% from the value of sanctions made in Q2FY20. The value of loans sanctioned by non-banking financial companies (NBFCs) rose 17% on a year-on-year (y-o-y) basis […]
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