"The rising COVID-19 cases in April 2021 has again raised concerns on the asset quality of the retail loans of NBFCs and HFCs given the increasing instances of lockdowns in various cities coupled with a gradual rise in severity of such restrictions by some state governments," Icra Ratings said in a report.source https://economictimes.indiatimes.com/industry/banking/finance/banking/covid-19-related-disruptions-raise-concerns-over-nbfcs-retail-loans-study/articleshow/82200061.cms
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