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Searched Tag: crisil ratings

The co-lending book of non-banking finance companies (NBFCs) is set to reach Rs one lakh crore by June 2024, according to CRISIL Ratings

NBFCs’ co-lending book set to touch Rs 1 lakh crore

April 9, 2024, 03:30 PM - 2 min read

While partners, including NBFCs and banks, are showing greater interest, they may also focus on other asset classes such as loans to micro, small, and medium enterprises (MSME) and home loans due to higher risk weights for personal loans.

Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for the April-September period of the 2024-25 fiscal year with upgrades continuing to outpace downgrades.

India Inc's credit outlook brightens in FY25 H1: Crisil Ratings

April 1, 2024, 12:52 PM - 2 min read

The Indian economy with a GDP growth of 6.8 per cent is expected to remain the fastest-growing large economy in the current fiscal. The growth will, however, moderate from 7.6 per cent expected in 2023-24 as high interest rates and lower fiscal impulse to growth will temper demand, according to Crisil.

NBFCs’ co-lending book set to touch Rs 1 lakh crore

India Inc's credit outlook brightens in FY25 H1: Crisil Ratings

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