NBFCs better placed to withstand a few asset quality shocks - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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NBFCs better placed to withstand a few asset quality shocks

Bad loans for banks may rise to 14.8% under severe condition, Reserve Bank of India said. NBFCs’ bad loan ratio was 6.8% at the end of September 2020 while that for banks was at 7.5%.

from Stocks-Markets-Economic Times
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