Wholesale loan book of non-banks – comprising non-banking financial companies (NBFCs) and housing finance companies (HFCs) – de-grew further by 3-5% in the first half of fiscal 2020 following a de-growth of 2% in the second half of fiscal 2019. This comes on the back of a 32% compound annual growth rate (CAGR) between fiscals 2016 and 2018; and 11% growth in the first half of fiscal 2019 (refer Annexure 1). With disbursements sluggish in the first half of this fiscal, prospects for the current year are subdued.
Senior Director - Marketing & Communication
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Media Relations Lead
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