Huge provisioning at NBFCs likely for Jan-Feb bad loans - Business News: Latest Share Market , Economy & Finance News | Trendmergers

Breaking

Post Top Ad

Post Top Ad

Huge provisioning at NBFCs likely for Jan-Feb bad loans

Auditors and company executives told that higher provisioning may be necessary as the pandemic-induced sharp dip would have increased difficulties for these businesses already hit by the ongoing slowdown. In many cases, auditors have asked companies to provide up to 50%.

from Industry-Economic Times
Read The Rest:economictimes...

Post Top Ad