NBFCs stay on growth track as asset quality remains stable: Report

Non-banking financial companies (NBFCs) in India are maintaining a positive growth trajectory, supported by stable asset quality and robust credit demand. Despite ongoing global geopolitical uncertainties, the sector reported strong earnings performance during the first quarter of the 2027 fiscal year.

Sector-specific performance highlights indicate varied growth patterns among different types of lenders. Vehicle financiers have seen an acceleration in their assets under management, while gold financiers have experienced a moderation in their growth rates.