NBFCs will rely more on the capital market for growth, and not on bank loans: Avendus Capital

The share of market borrowings of NBFCs in total liabilities will increase from 43 per cent in FY24 to 64 per cent in FY27 | Photo credit: iStockphoto Non-banking finance companies (NBFCs) will increasingly tap capital market instruments such as external commercial loans (ECBs), non-convertible bonds (NCDs), commercial paper (CPs) and inter-corporate deposits to finance […]