India’s decision to tax returns from fixed-income mutual funds is set to bolster its lenders’ efforts to lure deposits for financing a resurgent credit growth […]
Tag: ICRA Ratings
NBFCs’ collection efficiency close to pre-Covid levels: ICRA
Nearly three years after the Covid-19 outbreak, the collection efficiency of microfinance-focused non-banks and unsecured SME (small and medium-sized enterprises) pools has topped 98% of […]
Rate hikes will not impact NBFCs’ collections, says Icra Ratings
A day after the Reserve Bank delivered another rate hike, a domestic ratings agency on Thursday said the increases will not impact collection efficiencies for […]