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      Question

      According to Avendus Capital, what is the expected value

      of NBFC borrowings in India by FY27?
      A $600 billion Correct Answer Incorrect Answer
      B $700 billion Correct Answer Incorrect Answer
      C $720 billion Correct Answer Incorrect Answer
      D $750 billion Correct Answer Incorrect Answer
      E $680 billion Correct Answer Incorrect Answer

      Solution

      As per a study by Avendus Capital, NBFC borrowings in India are projected to reach $750 billion by FY27, growing at a compound annual growth rate (CAGR) of 13%.

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