Mutual funds have significantly increased their funding to Non-Banking Financial Companies (NBFCs) according to the latest report.

Friday, 12 July 2024, 12:26

The report highlights a notable surge in total debt funds allocated to NBFCs through commercial paper and corporate debt. Figures rose from ₹1.6 trillion in October 2023 to approximately ₹2.1 trillion in May 2024, indicating a substantial enhancement in financial support.
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Mutual funds have significantly increased their funding to Non-Banking Financial Companies (NBFCs) according to the latest report.

Mutual Funds Boosting NBFCs

The recent report by Mint unveils a significant increase in mutual funds' funding towards Non-Banking Financial Companies (NBFCs).

Debt Fund Surge

The data reveals a surge in total debt funds deployed in NBFCs through commercial paper and corporate debt.

  • October 2023: ₹1.6 trillion
  • May 2024: ₹2.1 trillion

This growth signifies a considerable elevation in financial backing towards NBFCs.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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