Non-banks' NPAs may rise to 4.5-5 per cent by March 2022: Icra

Icra Ratings said non-banks (NBFC and HFCs) will feel the stress of the second wave of COVID-19 and movement restrictions imposed by various states in April-May 2021, given the fact that 25-30 per cent of their loan collections happen through field collection teams and largely via cash.

from Banking/Finance-Industry-Economic Times https://ift.tt/3yU8RJd