Many smaller NBFCs are likely to enter the estimated Rs 80,000-crore short-term funding market, hitherto the preserve of large entities such as Bajaj Finance, IIFL, and JM Financial. To be sure, the IPO financing market might shrink after the Rs 1-crore limit per borrower kicks in on April 1.
source https://economictimes.indiatimes.com/industry/banking/finance/lending-caps-on-nbfcs-may-offer-big-opportunities-to-small-players/articleshow/87240432.cms
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