‘NBFCs’ stressed assets may rise to ₹1.5-1.8 lakh cr. by March-end’

‘NBFCs’ stressed assets may rise to ₹1.5-1.8 lakh cr. by March-end’

The Hindu

Stressed assets of non-banking financial companies (NBFCs) are likely to touch ₹1.5-1.8 lakh crore, or 6-7.5% of their assets under management (AUM) by the end of this fiscal, says a report. However, the one-time COVID-19 restructuring window, and the micro, small and medium enterprises’ (MSME) restructuring scheme of the Reserve Bank of India (RBI) will limit the reported gross non-performing assets (GNPA), Crisil Ratings said.
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