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NBFCs Crush March; Corporates Hold Back Like Rookies!

NBFCs Crush March; Corporates Hold Back Like Rookies!

Listen up, champions! In March, Non-banking Financial Companies (NBFCs) dominated the commercial paper arena, raking in a staggering ₹70,300 crore, while corporate players hesitated, wary of those hefty borrowing costs. The Rock predicts NBFCs will keep crushing it as they tackle quarter-end goals, while corporates play it safe, holding onto their cash like it's a championship belt!

Quick rundown

  1. NBFCs dominate the commercial paper market in March.
  2. Corporates are cautious due to high borrowing costs.
  3. NBFCs' CP issuances surged to ₹70,300 crore in March 2026.
  4. Corporate CP issuances declined sharply in March.
  5. CD issuances by banks show a balanced trajectory.

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