NBFC collections fall, NPAs to rise due to lockdowns: ICRA

NBFCs with exposure to sectors like microfinance, rural/semi-urban borrowers with small-ticket (SME, vehicle loans) and unsecured loans which have a higher share of field collections will be hit hardest, impacting their asset quality and hence profits.

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