NBFCs to see better loan growth in FY21: Tata Capital CEO Rajiv Sabharwal

Foreign money is coming into the market and because of stability in rupee the hedging cost is also lower

The non-banking financial company (NBFC) sector will see better loan growth in 2020-21 (FY21) but it will take a fair bit of time for book size to grow at over 20 per cent, said Rajiv Sabharwal, managing director and chief executive of Tata Capital. 

“Growth in the sector is clearly a function of what the growth in the economy is. If the economy is seeing a slowdown, you will see the same happening in the NBFC sector.  I feel the NBFCs will see moderated growth this year, compared to the last year. As far as next year is concerned, we hope