Nbfcs Have An Opportunity To Expand Investor Base: Crisil

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business nbfcs have an opportunity to expand investor base crisil

India's retail credit market is booming. Crisil Intelligence reports this growth creates chances for Non-Banking Financial Companies. They can attract more investors. Retail credit may grow 14-16% by FY28. Housing, vehicle, and personal loans are driving this. India's credit penetration is lower than other countries. Financial awareness and inclusion efforts will boost credit growth.