NBFC crisis poses more growth headwinds, says report
But this will come as a growth booster for banks, which for long have been ceding credit market share to NBFCs, which had accounted for 12-15 percent of the total credit generated in the past two fiscals.
However, the slower growth can reduce the asset quality concerns, if incremental funding is deployed in quality loans rather than high risk loans
Published Date: Nov 8th, 2018 06:24 PM | Updated Date: November 08, 2018 07:20 PM IST
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