NBFCs Credit Vs. Scheduled Commercial Banks
Abhishek R. Sharma- 22nd July, 2023
What does it tell us?
Lending by NBFCs has risen.
NBFCs’ credit intensity measured by the credit/GDP ratio has been rising consistently,
reaching a high in 2021 (Chart a).
Significantly, NBFCs’ credit in proportion to Banks’ credit has also risen (Chart b).
If you prefer legends, it will be very easy to understand (numbers in percentages)
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