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Thursday, December 12, 2019

NBFC growth to hit decadal low of 6-8% in FY20: Crisil

There are landmines on the asset quality front as well. Delinquencies are expected to inch up marginally for retail asset classes, such as home loans and vehicle finance, which together account for more than half of the overall sectoral AUM. “The economic slowdown has contributed to a cyclical uptick in delinquencies across retail segments,” Crisil said.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2t4tnJD

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