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Small NBFCs may face funding challenges again as banks get choosy: CARE

Outstanding bank lending to NBFCs declined marginally to Rs 8.04 trn in May 2020 from Rs 8.12 trn in April 2020, according to RBI data

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NBFCs | Banking

Abhijit Lele  |  Mumbai 



nbfc, hfc, housing, loans, realty, construction, default, sales
NBFC borrowings from mutual funds rose to Rs 1.45 trillion in May 20 from Rs 1.34 trillion in April 2020

Funding challenges could mount again for NBFCs, especially the smaller ones, in the aftermath of the disruption caused by the Covid-19 pandemic as banks become selective is taking exposures, says CARE Ratings.

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First Published: Sun, July 12 2020. 18:38 IST

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