During the first half of the financial year 2023, the cost of NBFC borrowings in India was around seven percent. It was estimated to surpass eight percent by the end of the fiscal year. The rising interest rates are expected to increase the cost of borrowing for the NBFCs.
Cost of borrowing for non-banking financial companies (NBFCs) from financial year 2018 to 2023
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ASSOCHAM, & Crisil. (February 7, 2023). Cost of borrowing for non-banking financial companies (NBFCs) from financial year 2018 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1394411/india-nbfc-cost-of-borrowings/
ASSOCHAM, und Crisil. "Cost of borrowing for non-banking financial companies (NBFCs) from financial year 2018 to 2023." Chart. February 7, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1394411/india-nbfc-cost-of-borrowings/
ASSOCHAM, Crisil. (2023). Cost of borrowing for non-banking financial companies (NBFCs) from financial year 2018 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1394411/india-nbfc-cost-of-borrowings/
ASSOCHAM, and Crisil. "Cost of Borrowing for Non-banking Financial Companies (Nbfcs) from Financial Year 2018 to 2023." Statista, Statista Inc., 7 Feb 2023, https://www.statista.com/statistics/1394411/india-nbfc-cost-of-borrowings/
ASSOCHAM & Crisil, Cost of borrowing for non-banking financial companies (NBFCs) from financial year 2018 to 2023 Statista, https://www.statista.com/statistics/1394411/india-nbfc-cost-of-borrowings/ (last visited November 21, 2024)
Cost of borrowing for non-banking financial companies (NBFCs) from financial year 2018 to 2023 [Graph], ASSOCHAM, & Crisil, February 7, 2023. [Online]. Available: https://www.statista.com/statistics/1394411/india-nbfc-cost-of-borrowings/