NBFCs balance sheet grew 17.2% to Rs 26 trillion as of September 2018, says RBI
Updated : December 31, 2018 10:01 PM IST
Net profit of sector increased by 16.2 percent during the half year ended September 2018 as compared to 22.9 percent during the year ended March 2018, RBI said in the Financial Stability Report released on Monday.
Gross non performing assets of the NBFC sector as a percentage of total advances rose to 6.1 percent in September 2018 from 5.8 percent in March 2018, the report said.
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