As of the end of fiscal year 2023, non-banking financial companies (NBFC) borrowings from banks and debentures amounted to over 11 trillion Indian rupees each. In contrast, government borrowing amounted to 190 billion Indian rupees only.
Non-banking financial companies (NBFCs) borrowing in India as of financial year 2023, by source
(in trillion Indian rupees)
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KPMG India. (February 2, 2024). Non-banking financial companies (NBFCs) borrowing in India as of financial year 2023, by source (in trillion Indian rupees) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/1460151/india-nbfc-borrowing-by-source/
KPMG India. "Non-banking financial companies (NBFCs) borrowing in India as of financial year 2023, by source (in trillion Indian rupees)." Chart. February 2, 2024. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1460151/india-nbfc-borrowing-by-source/
KPMG India. (2024). Non-banking financial companies (NBFCs) borrowing in India as of financial year 2023, by source (in trillion Indian rupees). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1460151/india-nbfc-borrowing-by-source/
KPMG India. "Non-banking Financial Companies (Nbfcs) Borrowing in India as of Financial Year 2023, by Source (in Trillion Indian Rupees)." Statista, Statista Inc., 2 Feb 2024, https://www.statista.com/statistics/1460151/india-nbfc-borrowing-by-source/
KPMG India, Non-banking financial companies (NBFCs) borrowing in India as of financial year 2023, by source (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1460151/india-nbfc-borrowing-by-source/ (last visited October 12, 2024)
Non-banking financial companies (NBFCs) borrowing in India as of financial year 2023, by source (in trillion Indian rupees) [Graph], KPMG India, February 2, 2024. [Online]. Available: https://www.statista.com/statistics/1460151/india-nbfc-borrowing-by-source/