You are here: Home » Finance » News » NBFCs
Business Standard

NBFCs continue to hold major share in retail loans despite liquidity crisis

In FY19, NBFCs had a 30% share in outstanding retail loans, while public sector lenders had a 39% share and private banks had 26%

Subrata Panda 

NBFCs continue to hold major share in retail loans despite liquidity crisis

Although are facing a huge liquidity crisis, the sector remains the preferred choice when it comes to retail loans, especially for new credit customers. In FY19, had a 30% share in outstanding retail loans, while public sector lenders had a 39% share and private banks had 26%. As far as share of new to new credit customers is concerned, had a lion's share of 56% by volume and 40% share by value in FY19, thereby completely outperforming public and private sector lenders



NBFC



NBFC

Source: FIBAC 2019 report

First Published: Mon, August 19 2019. 23:51 IST
RECOMMENDED FOR YOU