Wednesday, November 10, 2021

Loan collections for non-bank lenders surpass pre-second wave levels: ICRA

Collection efficiency including overdue collection for the most affected asset classes, that is microfinance and SME loans, reached close to 100% for September 2021 from a low of 80% seen in May 2021, the rating agency said in a note.

source https://economictimes.indiatimes.com/industry/banking/finance/loan-collections-for-non-bank-lenders-surpass-pre-second-wave-levels-icra/articleshow/87625858.cms

No comments:

Post a Comment