NBFCs Are Quietly Rewriting Their Funding Playbook

Affluence Advisory , Last updated: 16 September 2025  
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A quiet but meaningful shift is underway in how Indian non-banking financial companies (NBFCs) are sourcing funds. So far in 2025, offshore syndicated loans to Indian NBFCs total roughly $3.67 billion, more than double the amount raised across the whole of 2024 (about $1.64 billion). That divergence

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Affluence Advisory
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