Logo


NBFCs need access to credit history like banks, says Gunit Chadha

NBFCs don't have an equivalent body to represent their well-filtered voice with the regulators and government, says APAC Financial Services founder

GUNIT CHADHA, founder APAC Financial Services
GUNIT CHADHA, founder APAC Financial Services

Two years since setting up shop, APAC Financial Services is considered a non-banking financial company to watch. One of a clutch of niche NBFCs started by former bankers, it wants to be a key player in the micro, small and medium enterprises segment. Founder GUNIT CHADHA, former chief executive officer of Deutsche Bank (Asia-Pacific), spoke to Raghu Mohan on the road ahead. Edited excerpts: How do you see the post-moratorium stress situation? The moratorium acted as a cushion to borrowers, providing them interim relief, but it was never going to be a long-term solution. ...