NBFC STOCKS THAT OUTPERFORMED BANKS TO KEEP ON YOUR RADAR
Non-Banking Financial Companies (NBFC) are slowly gaining a larger market share of India’s personal loan growth as banks become more cautious. The consumer finance industry is experiencing a revival owing to quick approvals and technology-driven models, which will continue to change retail lending in the coming years.
In FY25, NBFCs reported 20% credit growth while banks managed just 12%, which means an 8-point lead for NBFCs. In fact NBFCs have real advantages over banks. They can approve and disburse loans in hours, while banks tend to drag the matter for many days because of due-diligence process. Moreover, NBFCs are happy to serve customers looking for small loans, whereas banks usually don’t focus on small size loans.
Some of the NBFC stocks that can outperform banks are -