Banks outpace NBFCs in credit growth surge

Banks outpace NBFCs in credit growth surge. Bank credit growth has accelerated, surpassing NBFCs amid tighter liquidity and higher borrowing costs for non-banking finance companies. Public and private banks gained market share with strong retail and corporate lending, while NBFCs faced margin pressures. This shift highlights improving bank asset quality and funding advantages.
📊 STOCKS: | 🏢 SECTOR: Banking | #MEDIUMIMPACT #Banking