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NBFCs' wholesale book under severe stress: Report

NBFCs' wholesale book under severe stress: Report

Wednesday, February 5, 2020, 8:13 AM

Rating agency Crisil on Tuesday warned of potentially high stress in non-banking lenders' wholesale book well above the reported bad loan numbers by March, indicating rising risks to their retail books. It can be noted that almost all the NBFCs have been under severe liquidity stress since the fall of industry major IL&FS in September 2018.
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