Covid crisis: Currently major challenges NBFCs need to overcome?
Analysts say India's non-banking financial companies (NBFCs) are facing significant asset quality and liquidity issues as the country fights a new wave of coronavirus infections. As in H1FY21, there could be a drop in securitization volumes, which would hurt non-bank lenders. The economic impact of various state-imposed limits will be determined by the length and intensity of the restrictions. Expanded restrictions might jeopardize India's NBFC sector's fragile recovery, acco