NBFC sector rebounded in first six months of FY21, says RBI2 min read . Updated: 29 Dec 2020, 07:45 PM IST
- According to RBI, the NBFC sector is dominated by (NBFCs-ND-SI) that constitute 85.7% of the total assets of the sector
- The central bank said it has been monitoring the operations and growth of deposit taking NBFCs in order to secure depositors’ interest
The non-banking financial company (NBFC) sector rebounded in the first six months of FY21, after facing difficulties in the previous financial year, brought about by the lack of liquidity and confidence and now amplified by covid-19, RBI said on Tuesday.
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