The market share of NBFCs and housing finance companies in the total credit has gone up from 13% to 17-18% in the last 5 fiscal years ago.
Shivani Sharma
New Delhi,
Mar 05, 2019,
Updated Mar 08, 2019, 6:23 PM IST
In spite of the recent liquidity crisis, NBFCs' contribution to the Indian economy has increased exponentially over the years. But stress, too, is building up.