NBFCs’ vehicle loan and MFI collections hit most by Covid 2.0 - Business News: Latest News & Videos about market and economy | Trendmergers

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NBFCs’ vehicle loan and MFI collections hit most by Covid 2.0

"Capacity utilisation has dropped significantly to 40%-60% which makes debt servicing a challenge. A similar impact has been seen by vehicles that are involved in tourist services, school bus operations, and local conveyance where a large portion of this book may already be restructured or may have slipped into NPAs," Ind-Ra said.

from Stocks-Markets-Economic Times
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