The NBFC credit to GDP ratio in India has consistently risen and stood at 13.7 percent in the financial year 2021. In the previous financial year it was around 12 percent. Credit intensity of NBFCs is measured by credit to GDP ratio.
Non banking financial companies (NBFCs) credit to GDP ratio from financial year 2013 to 2021
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Ministry of Finance (India). (January 30, 2022). Non banking financial companies (NBFCs) credit to GDP ratio from financial year 2013 to 2021 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1332034/india-nbfc-credit-to-gdp-ratio/
Ministry of Finance (India). "Non banking financial companies (NBFCs) credit to GDP ratio from financial year 2013 to 2021." Chart. January 30, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1332034/india-nbfc-credit-to-gdp-ratio/
Ministry of Finance (India). (2022). Non banking financial companies (NBFCs) credit to GDP ratio from financial year 2013 to 2021. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1332034/india-nbfc-credit-to-gdp-ratio/
Ministry of Finance (India). "Non Banking Financial Companies (Nbfcs) Credit to Gdp Ratio from Financial Year 2013 to 2021." Statista, Statista Inc., 30 Jan 2022, https://www.statista.com/statistics/1332034/india-nbfc-credit-to-gdp-ratio/
Ministry of Finance (India), Non banking financial companies (NBFCs) credit to GDP ratio from financial year 2013 to 2021 Statista, https://www.statista.com/statistics/1332034/india-nbfc-credit-to-gdp-ratio/ (last visited November 23, 2024)
Non banking financial companies (NBFCs) credit to GDP ratio from financial year 2013 to 2021 [Graph], Ministry of Finance (India), January 30, 2022. [Online]. Available: https://www.statista.com/statistics/1332034/india-nbfc-credit-to-gdp-ratio/