Tuesday, August 3, 2021

Non-bank lenders to see high levels of stress, recovery only in FY23: ICRA

“The impact on collection efficiency was lower during the June quarter compared to what was witnessed in the same period last year and initial feedbacks indicate a further improvement in the metric in July 2021,” said AM Karthik, Vice President, Financial Sector Ratings, ICRA Limited.

source https://economictimes.indiatimes.com/industry/banking/finance/non-bank-lenders-to-see-high-levels-of-stress-recovery-only-in-fy23-icra/articleshow/85004626.cms

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