The NBFC sector is expected to see strong traction in 2022-23 after three years of single-digit growth. This will be enabled by strong disbursements across product segments, rising consumer spending, growth in the automobile sector and strong economic growth. According to a recent Crisil report, the AUM of NBFCs will grow at a four-year high of 11-12 per cent. The report mentions the vehicle finance and unsecured loan segments as the growth drivers.