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    Question

    NBFC borrowings in India are projected to reach how much

    by FY27? 
    A $550 billion Correct Answer Incorrect Answer
    B $600 billion Correct Answer Incorrect Answer
    C $700 billion Correct Answer Incorrect Answer
    D $750 billion Correct Answer Incorrect Answer
    E $800 billion Correct Answer Incorrect Answer

    Solution

    According to an Avendus Capital study, NBFC borrowings are expected to expand at a 13% CAGR and touch $750 billion by FY27, with increasing reliance on market-based instruments such as NCDs and ECBs.  

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