Focus shifts from home and vehicle finance, the traditional mainstays, to unsecured and MSME loans in quest for returns. Now, stronger balance sheets with higher provisioning and lower leverage, receding asset-quality concerns, and steadily normalising funding access provide NBFCs a strong foundation to boost growth as credit demand piggybacks the ongoing economic rebound.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/nbfcs-turn-to-newer-asset-classes-in-quest-for-returns/articleshow/96565725.cms
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