NBFC-MFIs' assets under management to see up to 30 pc growth in FY24: Crisil
In a report, Crisil said the NBFC-MFI segment's Assets Under Management (AUM) stood at Rs 1.3 lakh crore at the end of March 2023, and the segment has the highest share in the overall microlending universe which also consists of small finance banks, universal banks and other lenders.
Stressed assets, which includes gross non-performing assets and the restructured assets, has fallen to 3 per cent as of March 2023 from 6 per cent in December.