FM Says NBFCs no longer shadow lenders, can graduate to become banks
NBFCs must aim to lend at least 50% credit disbursed by bks
By 2047, 50% of NBFC credit must be for high-growth sectors
India needs huge number of NBFCs on ground
NBFCs should pass on lower cost of funds benefits to customers
Reached stage where robust NBFCs can graduate to become banks
NBFCs must aim to lend at least 50% credit disbursed by bks
By 2047, 50% of NBFC credit must be for high-growth sectors
India needs huge number of NBFCs on ground
NBFCs should pass on lower cost of funds benefits to customers
Reached stage where robust NBFCs can graduate to become banks
