New Delhi, Aug. 6 -- The rising demand in India's retail credit market has opened new opportunities for Non-Banking Financial Companies (NBFCs) to expand their investor base, according to a recent report by Crisil Intelligence.

The report highlighted the strong and consistent growth seen in the Indian retail credit space and predicts continued momentum over the next few years.

It stated, "The increasing demand and positive sentiments in the Indian retail credit market, presents an opportunity for both banks and NBFCs to broaden their investor base."

With more retail borrowers coming into the fold, NBFCs have the chance to diversify funding sources and attract new categories of investors.

According to the report, the Indian retail cred...