Loan collections for non-bank lenders surpass pre-second wave levels: ICRA

Collection efficiency including overdue collection for the most affected asset classes, that is microfinance and SME loans, reached close to 100% for September 2021 from a low of 80% seen in May 2021, the rating agency said in a note.

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