Banks lend whopping Rs 1.15 lakh crore to NBFCs in March

Outstanding bank loans to NBFCs amounted to Rs 8.19 lakh crore as of end March'20, the latest dat released in RBI's monthly bulletin shows, up 28 per cent over March'19 levels. But in absolute terms it is 32 per cent of the total loans extended by banks during the month.

from Banking/Finance-Industry-Economic Times https://ift.tt/3de2t47