India Sees Surge in NBFC Education Loans

India Sees Surge in NBFC Education Loans

According to CRISIL Ratings research, India’s non-banking financial institutions’ education loan asset under management (AUM) is likely to increase by 40-45% this fiscal year, hitting Rs 60,000 crore. The rise follows strong growth of more than 80% and 70% in fiscal years 2023 and 2024, reaching Rs 43,000 crore as of March 31, 2024. The … Read more