Review of the NBFC Sector
On 20th September, 2024, the Reserve Bank of India (RBI) published a review of the Non-Banking Financial Companies (NBFC) sector under the title - Peeling the Layers: A Review of the NBFC Sector in Recent Times.
- It highlights the continued resilience of the Non-Banking Financial Companies (NBFCs) sector under the Scale-Based Regulation (SBR) framework, introduced in October 2022.
Key Highlights
- Robust Growth: During 2022-23, non-banking financial institutions (NBFIs) exhibited robust balance sheet growth, accompanied by improved asset quality and enhanced capital buffers.
- NBFCs-ND-SI: The NBFC sector is dominated by non-deposit taking systemically important NBFCs (NBFCs-ND-SI), with a share of 85.4 per ....
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