New Delhi, Nov. 25 -- Assets under management (AUM) of non-banking financial companies (NBFCs) are expected to grow at a steady 18-19 percent in the current fiscal and the next, surpassing Rs 50 lakh crore by March 2027, according to a Crisil Ratings report released on Monday.

The agency attributed the momentum to firm consumption demand, supported by recent policy measures such as rationalisation of GST rates and a benign inflation environment, which are expected to sustain retail credit demand across asset classes.

Crisil noted that the growth trajectory will vary across entities and loan categories as risk calibration and funding dynamics continue to play a critical role, reported ANI.

Unsecured Micro, Small and Medium Enterprises (...