Multibagger stock: RBI-registered NBFC to sale stake in realty major as financial sector grows by leaps

Non-banking finance companies (NBFCs) have been consistently growing since the second half of FY22, coinciding with the phased reopening of the economy since the Covid pandemic. This growth momentum further accelerated in FY23 and in the first quarter of FY24, with NBFCs seeing a remarkable change in their asset base.

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