 "NBFC")
The share for non-bank finance companies (NBFCs) in corporate lending might increase as the revised stressed asset framework predicts higher non-performing assets (NPAs) for banks.
“Pressure on asset quality could mean that banks would not be as aggressive about lending as before, because they would focus on resolving NPAs,” said Karthik Srinivasan, Group Head, Financial Sector Ratings, Investment Information and Credit Rating Agency.
NBFCs have seen a strong growth rate in retail, but corporate lending is a new space for them.
A CRISIL report said the share of wholesale credit in the NBFC credit pie was expected to increase to
