NBFC loan sanctions fall by nearly ₹19,000cr in Q3
Mumbai: RBI’s measures to curb bank finances in some segments of NBFCs appear to have slowed down growth for finance companies. Loans sanctioned by NBFCs fell from Rs 4.47 lakh crore in Q2 FY23 to Rs 4.28 lakh crore in Q3 FY24 — a decline of 4.2% quarter-on-quarter. Compared to the year-ago period, loans fell … Read more