India, Jan. 19 -- India's financial institutions sector drives economic growth with robust balance sheets in FY2025. Scheduled commercial banks saw deposits reach Rs 232 lakh crore and domestic credit hit Rs 181 lakh crore, both nearly tripling since 2015, while gross NPAs fell to a multi-decadal low of 2.2%. NBFCs expanded credit at 13-15%, bolstering retail lending amid double-digit banking growth of 11.4%. Profitability strengthened with RoA at 1.4%.

With a market capitalisation of Rs 39,273.05 crore, the shares of Indian Renewable Energy Development Agency Ltd were trading at Rs 139.80 per share, decreasing around 1.20 percent as compared to the previous closing price of Rs 141.50 apiece.

Brokerage Recommendation ICICI Direct's 'Buy...