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NBFC’s robust performance reflected in FSR

Financial Stability Report [FSR] released by RBI on June 26 stated that the aggregate balance sheet size of the NBFC sector as on March 2018 was Rs. 22.1 trillion. In 2017-18 their borrowings grew at 19.1 per cent, implying rising leverage in the NBFC sector. Loans and advances of the NBFC sector increased by 21.2 per cent and investments increased by 13.4 per cent. Their net profit increased by 30.8 per cent in 2017- 18. RoA was 1.9 per cent in 2017-18 as compared with 1.6 per cent in 2016-17. GNPAs of the NBFC sector as a percentage of total advances decreased from 6.1 percent in 2016-17 to 5.8 percent in 2017- 18. NBFCs’ CRAR increased from 22.0 per cent in 2016-17 to 22.9 per cent in 2017-18 as against a minimum capital level of 15 % required to be maintained. [Financial Stability Report, issue No. 17, RBI]

Source: FIDC

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