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NBFC loan sanctions rise 12% YoY in Q1FY25, led by growth in home, auto, and personal loans: Report

NBFC loan sanctions rise 12% YoY in Q1FY25, led by growth in home, auto, and personal loans: Report

Oct 03, 2024, at 03:57 am

New Delhi: Loan sanctions by non-banking finance companies (NBFCs) in India saw a 12% year-on-year (YoY) increase in the first quarter of the current financial year (Q1FY25), driven by strong growth in home, auto, and personal credit segments, media reports said.