<ul><li>Loan growth for NBFCs during Q4 is projected to be muted due to calibrated growth in unsecured retail, muted disbursements in microfinance, and low mortgage volumes.</li><li>Asset quality remained stable or slightly improved during the quarter due to significant collection efforts.</li><li>Motilal Oswal's NBFC coverage universe is estimated to have a loan growth of around 15% YoY and 4% QoQ as of March 2025.</li><li>NDTV Profit offers live TV, stock market updates, top business news, IPO updates, and more.</li></ul>

NBFCs Q4 Results Preview — Motilal Oswal Projects Muted Quarter; Shriram Finance Among Top Pick

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