 "loans, aum, assets, banks, investment, shares, stocks, funds")
Banks and non-banking financial companies (NBFCs) have become more cautious in offering vehicle loans, fearing a rise in non-performing assets, by making their lending norms more stringent.
Incomes have been disrupted, and, hence, also the repayment capacity of borrowers. Says Adhil Shetty, chief executive officer, Bankbazaar: “Today, there is greater scrutiny of income sources than earlier.”
A few segments might find it harder to get a loan. “Banks have become more stringent about lending to the self-employed because there is greater uncertainty about the sustainability of payments from this segment,” said a senior banking official at a mid-sized bank. He
