Among sectors NBFCs lend to, industrial sector, particularly micro and small and large industries, were the hardest hit by the pandemic as they posted decline in credit growth. However, NBFCs in the retail loan sector stayed ahead of the curve aided by their relatively low delinquency.source https://economictimes.indiatimes.com/industry/banking/finance/banking/nbfcs-survived-first-covid-wave-but-face-second-hurdle-says-rbi/articleshow/82712068.cms
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