NBFCs may not see much impact of second wave of COVID-19; pent-up demand to help

According to Shriram Transport Finance managing director and CEO Umesh Revankar, the non-bank lenders may see some temporary delay in loan repayments by borrowers in April or May as customers will like to preserve cash but that will not lead to a very significant jump in non-performing assets (NPAs).

from Banking/Finance-Industry-Economic Times https://ift.tt/2SaayS2