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Total liabilities of the NBFCs accepting deposits across India in financial year 2023 (in trillion Indian rupees)

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Source

Release date

January 2024

Region

India

Survey time period

FY 2023

Special properties

Provisional data

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of April 2024).

Values have been rounded for clarity.

Citation formats

Total liabilities of the NBFC-D sector India FY 2023

Published by K. Scholle, Jan 1, 2024
The total liabilities of the non-banking financial companies that accept deposits across India were over *** trillion Indian rupees in the financial year 2023. The total liability size of the NBFC sector was over ** trillion Indian rupees, out of which a majority was held by the non-deposit-accepting NBFCs.
Overall the NBFC sector in India has been facing challenging times on the liquidity front since fiscal year 2018 and the Reserve Bank of India has put in various intervention measures to address these concerns.
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Topics

NBFCs in IndiaDigital payments in IndiaBanking industry in IndiaFintech in IndiaWealth management in India
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