RBI new norms likely to increase NBFCs bad loans by one-third: Study

NBFC borrowers, typically where there is cash collection, pay their overdues generally with some delays. Accounts can get into NPA category just for a day's delay in paying the instalments and once it gets categorised as NPA it will not be able to become standard unless all the arrears are cleared, the report said.

from Economy-News-Economic Times https://ift.tt/3EmgjiI