Care Ratings: Trend In Debt Exposure Of Mutual Funds, Banks To NBFCs
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Care Ratings Research Report
The challenges for the non-banking financial companies have moved from the liability to the asset side in terms of liquidity and asset quality with the outbreak of Covid-19.
The Reserve Bank of India’s moratorium on the payment of instalments in respect of all term loans to their borrowers ended on August 31, 2020 which had provided a temporarily support to companies.
Additionally, with economic activities picking up, the collection efficiency has gradually improved for most NBFCs in September and October 2020.
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