Asset quality concerns, slowing of bank funding to temper pace
Shadow banks will have to review how they lend money as Mint Road puts a squeeze on their credit lines
Lenders' reluctance to accept SRs, lengthy negotiations dragging its work, says senior exec
According to the memorandum, if NBFCs are to be regulated like banks, then the typical NBFC model of lending will suffer which will have an impact lending to the unbanked/ underbanked segment
Over the last five years, their balance sheet more than doubled to Rs 49.22 trillion
Now, there are different regulations for various categories of NBFCs, creating scope for arbitrage