NBFCs to look for growth opportunities in offshore markets: Fitch

"India's weaker macroeconomic backdrop is likely to add to the existing funding, growth and asset-quality strains weighing on the Indian NBFCs (non-banking financial companies) industry as a whole, underpinning our negative outlook for 2020," the ratings agency said in a statement.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/357wEpS