Lending by non-banking finance companies is losing momentum in the fourth quarter of FY23, with overall sanctions growing only 2% year on year. Also, loans in the rural areas have been holding up NBFC lending, with both semi-urban and urban sectors showing lower growth in the fourth quarter.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vlmT5AD
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