Wednesday, July 13, 2022

Demand revival to help NBFCs post best quarter in two years

Microfinance loans overdue by over 30 days along with restructured loans are estimated to have declined 800 basis points to around 14% as of March 2022, after peaking at approximately 22% in September 2021, rating agency Crisil said. But it remains well above the pre-pandemic levels of 3%, Crisil said in May.

source https://economictimes.indiatimes.com/industry/banking/finance/demand-revival-to-help-nbfcs-post-best-quarter-in-two-years/articleshow/92860969.cms

No comments:

Post a Comment