Custom Search

Tuesday, June 22, 2021

Covid 2.0 may bring a recast surge at NBFCs

“The recast levels in the second wave will be at least 2-3 times of what we had seen last year because there is no benefit of a blanket moratorium this time; so we need to salvage whatever we can,” said the CEO of a large non-bank lender. “We expect a significant drop in profits for this (June) quarter.”

from Banking/Finance-Industry-Economic Times https://ift.tt/3xGPjqg

0 comments:

Post a Comment

Popular Posts

 
Desi Google | A2Z Famous Quotes | What's Cooking America | Joke Site