New Delhi, June 12 (IANS) The total balance sheet of the non-banking financial company (NBFC) sector in India is projected to reach Rs 92.9 trillion by FY28, with nearly 15 per cent annual growth, a report said on Friday.The report from ratings agency Brickwork Ratings said the total assets in the segment stood at Rs 61.1 trillion in FY25, with growth driven by robust loan demand across retail, micro, small, and medium enterprises (MSME), and services segments.Credit growth reached 19.4 per cent…
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Mumbai, Jan 28 (IANS) Indian banks are expected to witness credit growth at about 10–12 per cent compound annual growth rate (CAGR) over the next five years, higher than deposit growth of roughly 9–11 per cent, a report said on Wednesday.The report from Brickwork Ratings said credit‑to‑deposit ratios are likely to remain in the high‑70s to low‑80s range unless a major structural shift occurs. The rating agency said that retail, MSME and services will be key drivers of credit growth w…