 "loans, aum, assets, banks")
The assets under management (AUM) of finance companies are expected to shrink for the first time in two decades as fresh disbursements drop sharply this year, according to CRISIL. Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out.
Overall industry AUM may shrink by 1-3 per cent in FY21 with the real estate and structured credit segments experiencing maximum contraction (10-12 per cent). Lower repayments during the loan moratorium period (March 1 to August 31), and capitalisation of interest accumulated will, however, help limit the contraction, it said. A
Overall industry AUM may shrink by 1-3 per cent in FY21 with the real estate and structured credit segments experiencing maximum contraction (10-12 per cent). Lower repayments during the loan moratorium period (March 1 to August 31), and capitalisation of interest accumulated will, however, help limit the contraction, it said. A
