NBFCs post strong Q1 FY27 growth with stable asset quality amid global uncertainty

Non-banking financial companies (NBFCs) are maintaining a steady growth trajectory as credit demand remains robust despite ongoing global geopolitical uncertainties. The sector reported strong earnings in the first quarter of FY27, reflecting resilience across key segments. Vehicle financiers recorded accelerated growth in assets under management during this period. Gold financiers, however, experienced relatively moderate growth alongside some pressure on yields. Overall, asset quality across the NBFC sector has remained stable, supporting a positive outlook going forward.