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NBFC sector to witness slowdown in Fiscal Year 25: ICRA

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TNN / Updated: Aug 22, 2024, 02:46 IST

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NBFC sector to witness slowdown in Fiscal Year 25: ICRA

MUMBAI:

ICRA

has projected a slowdown in the growth of

NBFC

assets under management. The ratings agency has predicted an increase of 13-15% in

AUM

, down from 18% in FY24. If the tight funding conditions observed in Q1 FY25 persist, it could further constrain growth.

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