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Latest Articles in nbfcs
NBFC Sector's Gross NPL Ratio To Rise To 7.3 Per Cent By March 2017: Report
NBFCs' access to cheaper funding sources and improving operating efficiencies could help them maintain adequate pre-provisioning operating profit buffers to cushion rising credit costs, says India Ratings and Research
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E-tailers Tie Up With Startup NBFCs
The flavour seems to have returned to lending capital to small and medium businesses. Ten years ago private banks like ICICI and HDFC Bank increased their retail lending. In less than two years the global crisis, along with increased defaults in the Indian small business industry, compelled the banks to rein in their lending to the small businesses. Most of the loans, in the early 2009, ended up recovering only 75 per cent of the the total loan value.
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