The build-up in provisions will help non-banking finance companies (NBFCs) against incremental uncertainties, Icra said in a report, adding that such bodies are carrying about 50 per cent higher provisions at 3.1 per cent of the assets under management (AUM) as against 2 per cent in the year-ago period.source https://economictimes.indiatimes.com/industry/banking/finance/nbfcs-loan-collections-improved-in-september-quarter-says-report/articleshow/79629365.cms
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