NBFCs asset under management shrinks in Q1 FY22: Icra Ratings

The asset quality for the non-banks entities weakened quite sharply in Q1 FY2022 because of the localised lockdowns imposed by various states on account of the second wave of COVID-19 infections, which impacted the collection process of these entities,Icra Ratings said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2VF0Ede