Group 1 - The core point of the article is that the non-banking financial companies (NBFCs) in India are projected to see their total bad loan ratio decrease to 3% by March 2025 [1] Group 2 - This reduction in bad loan ratio indicates an improvement in asset quality for the NBFC sector [1] - The decline in bad loans is significant for the overall financial stability and growth prospects of the Indian economy [1] - The performance of NBFCs is crucial as they play a vital role in providing credit to various sectors, especially in the context of India's economic recovery [1]