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      Question

      What was the percentage growth of bank credit to NBFCs

      in 2024?
      A 15% Correct Answer Incorrect Answer
      B 10.2% Correct Answer Incorrect Answer
      C 6.7% Correct Answer Incorrect Answer
      D 9.5% Correct Answer Incorrect Answer
      E 4.8% Correct Answer Incorrect Answer

      Solution

      NBFC lending growth slowed down significantly in 2024, growing at only 6.7%, compared to 15% in 2023. The slowdown was attributed to higher risk weights imposed by RBI on NBFC loans, making lending more expensive.

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