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The Hindu - Business - News Image
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BusinessDec 02, 2024 03:43 PM

NBFC advances to personal loans, MFIs to reduce says CRISIL Ratings

Asset quality metrics are weakening in the past few quarters in some segments. This has necessitated a recalibration of growth strategies, especially in unsecured loans and microfinance Unsecured loans given by Non Banking Finance Companies (NBFCs) and credit to microfinance segments, accounting for 23% of the overall NBFC Asset Under Management (AUM) are expected to be impacted the most in the current and next fiscals according to CRISIL Ratings' outlook on the sector. Krishnan Sitaraman, Chie ...Read More >

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