BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
India's non-financial sector (NFS ) debt grew 10.5% YoY in Q2 FY21, marking the highest growth in five quarters and higher than the record low of 8.2% in Q4 FY20.
Outstanding NFS debt stood at Rs 332 trillion, or a fresh high of 174.4% of the gross domestic product in Q2 FY21 (or Q3 CY20), as annualised nominal GDP declined 3% YoY.
Within the NFS, general government (centre plus states) debt grew at a decade high of 16.5% YoY, while non-government non-financial debt grew 5.2% YoY in Q2 FY21, similar to record low growth of 5% in Q1 FY21.
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