You are here: Home » Economy & Policy » News
Business Standard

Stress in wholesale book of NBFCs to rise further, says CRISIL report

About 30 per cent of the realty book of NBFCs has come out moratorium while 40 per cent of the exposure is still under moratorium

Subrata Panda 

NBFCs in repair, rebuild and recalibrate mode as funds position improves
Representative Image

Realty exposure of non-banking financial companies (NBFCs), which is out of moratorium, has a bad loan ratio of over 10 per cent as of September 2019 and the fear is rest of the book under moratorium may go the same way, said rating agency CRISIL. About 30 per cent of the realty book of has come out moratorium while 40 per cent of the exposure is still under moratorium. The bad loan ratio of the realty portfolio of was 1.8 per cent as of March 2019 and by September it almost doubled to 3.3 per cent. CRISIL said the overall NPA ratio of can rise by 30-150 basis points, depending on the asset class as stress in the space is inching amidst the challenging economic environment.

chart

chart

First Published: Wed, February 05 2020. 02:30 IST
RECOMMENDED FOR YOU