Indian banking sector has been facing a lot of trouble over the past three years due to the burden of bad loans. This scenario has opened up new vistas for the Non-Banking Financial Companies (NBFCs).

Unlike the other players in the banking and financial segment, NBFCs grew by 15.5 per cent in Financial Year (FY) 2016-17 as against 9.1 per cent growth in FY 2015-16.

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