Demand revival to help NBFCs post best quarter in two years - Economic Times

7/13/2022 12:00:00 AM2 years 9 months ago
by Joel Rebello
by Joel Rebello
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…
Non-banking finance companies (NBFCs) may report their best quarterly performance in two years, riding on reviving consumer demand led by segments like home loans even as collection efficiencies are … [+2024 chars]
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