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NBFCs to grow faster than banks, gain market share: S&P Global Ratings
Update / Judgement Date
11 Sept 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
BankingOther Legal Matters
S&P Global has stated that "NBFCs will continue to corner market share from banks." This is a significant move for the company, as it aims to strengthen its position in the commercial vehicle segment. The move is a significant step towards a more user-friendly and less intrusive business environment, is aimed at promoting business growth while being sensitive to the practical difficulties faced by businesses.
