In financial year 2021, the NBFC wing of HDFC was the leading non-banking financial company (NBFC) in India in terms of total assets worth over 5.8 trillion Indian rupees. It was followed by Shriram Group with assets worth more than 1.5 trillion rupees each.
Non-banking financial companies in general offer a wide range of financial services. Particular companies are mostly focused on one or more core services ranging from loans to advances or the acquisition of shares, stock, and bonds. They are regulated by the Reserve Bank of India.
Value of total assets of non-banking financial companies (NBFC) in India in financial year 2021
(in billion Indian rupees)
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Indian Banks' Association. (April 30, 2022). Value of total assets of non-banking financial companies (NBFC) in India in financial year 2021 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1242583/india-total-assets-of-nbfc/
Indian Banks' Association. "Value of total assets of non-banking financial companies (NBFC) in India in financial year 2021 (in billion Indian rupees)." Chart. April 30, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1242583/india-total-assets-of-nbfc/
Indian Banks' Association. (2022). Value of total assets of non-banking financial companies (NBFC) in India in financial year 2021 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1242583/india-total-assets-of-nbfc/
Indian Banks' Association. "Value of Total Assets of Non-banking Financial Companies (Nbfc) in India in Financial Year 2021 (in Billion Indian Rupees)." Statista, Statista Inc., 30 Apr 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1242583/india-total-assets-of-nbfc/
Indian Banks' Association, Value of total assets of non-banking financial companies (NBFC) in India in financial year 2021 (in billion Indian rupees) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1242583/india-total-assets-of-nbfc/ (last visited November 10, 2024)
Value of total assets of non-banking financial companies (NBFC) in India in financial year 2021 (in billion Indian rupees) [Graph], Indian Banks' Association, April 30, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1242583/india-total-assets-of-nbfc/
