Care Ratings: Trend In Debt Exposure Of Mutual Funds, Banks To NBFCs
Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Care Ratings: Trend In Debt Exposure Of Mutual Funds, Banks To NBFCs

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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.

Click on the attachment to read the full report:

Care Ratings Trend in Exposure of MFs and Banks to NBFCs November_2020 .pdf

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