Banks and NBFCs will complement each other for developed economy goals, say experts
#Watch | Banks and non-banking financial companies (NBFCs) will complement, rather than compete, with each other as India seeks to expand credit penetration and achieve its developed-economy ambitions, industry leaders said at the Fortune India Banking & NBFCs Summit 2026 on Tuesday.
Speaking at a session titled ‘NBFCs vs Banks: Is the line blurring?’, executives highlighted how differences in regulation, funding advantages, and specialised lending models would shape the growth of the two segments.
Read more: https://www.fortuneindia.com/business-news/fortune-india-banking-nbfcs-summit-2026-banks-and-nbfcs-will-complement-each-other-for-developed-economy-goals-say-experts/167050
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