ARC sector's AUM likely to cross Rs 10 lakh crore-mark in FY24: Report
The book value of bad loan sales to ARCs is likely to cross the Rs 10 lakh crore mark by next month from Rs 8.48 lakh crore in March 2023, the report said. The sector's growth rate is likely to moderate further to 5-6% next fiscal due to the cyclically low NPAs in banks and NBFCs.
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