The rapid increase in Covid-19 afflictions and intermittent lockdowns will increase asset quality challenges of non-banking financial companies already grappling with the economic slowdown since last fiscal, estimates Crisil ratings.source https://economictimes.indiatimes.com/industry/banking/finance/nbfc-delinquencies-could-see-up-to-250-bps-spike-this-fiscal-crisil/articleshow/78187678.cms
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