For the June 2024 quarter margins for most non-bank lenders remained under pressure due to increased borrowings and lower fee income. NBFCs saw a mixed June quarter with some moderation in AUM growth led by weak disbursements and some marginal weakness in asset quality and credit costs due to seasonality, elections, and heatwave in northern states.
from Banking/Finance-Industry-Economic Times https://ift.tt/HO3yaqN
via IFTTT
No comments:
Post a Comment