Tuesday, June 1, 2021

NBFC collections fall, NPAs to rise due to lockdowns: ICRA

NBFCs with exposure to sectors like microfinance, rural/semi-urban borrowers with small-ticket (SME, vehicle loans) and unsecured loans which have a higher share of field collections will be hit hardest, impacting their asset quality and hence profits.

source https://economictimes.indiatimes.com/industry/banking/finance/nbfc-collections-fall-npas-to-rise-due-to-lockdowns-icra/articleshow/83143233.cms

No comments:

Post a Comment