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CareEdge Research Report
In the aftermath of non-banking financial company crisis and pandemic, the sources of funds, especially for small and mid-size NBFCs, affected due to risk aversion of banks, while top rated large NBFCs were able to access funds via multiple sources including targeted long-term repo rates and private placements.
Amid these challenging times, overall exposure of the banks to NBFCs has been increasing albeit at a slower rate.
The commercial papers and corporate debts deployed together in NBFCs stood at slightly elevated level compared to the level witnessed in October 2020.
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