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NBFCs may see asset quality improve by up to 200 bps going forward: Crisil

RBI postponement of timeline for adhering to new NPA norms, greater economic activity likely to act as tailwinds, says rating agency

Non-Banking Finance Companies | NBFCs | Bad loans

Subrata Panda  |  Mumbai 

NBFC, finance, banking

The companies may see an improvement in their ratio by as much as 150-200 basis points, going forward, due to the Reserve Bank of India (RBI)'s postponement of the timeline for adhering to upgraded non-performing assets (NPA) norms and improved economic activity are likely to act as tailwinds for the sector, rating agency Crisil said.



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First Published: Fri, March 04 2022. 16:52 IST