"Capacity utilisation has dropped significantly to 40%-60% which makes debt servicing a challenge. A similar impact has been seen by vehicles that are involved in tourist services, school bus operations, and local conveyance where a large portion of this book may already be restructured or may have slipped into NPAs," Ind-Ra said.source https://economictimes.indiatimes.com/industry/banking/finance/vehicle-finance-micro-loan-nbfcs-collections-worse-hit-due-to-covid-induced-localised-lockdowns-indiaratings/articleshow/83777254.cms
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