Sector Scan: Fresh slippages add to asset quality woes of MSME-focused NBFCs

Premium

Non-bank lenders enjoyed two years of high growth post COVID-19 as a pent-up demand in the economy led to a ripple effect and balance sheets ballooned unabated. Customers, too, were also disciplined in servicing their loans, leading to a lot of money being pumped into the sector.     However, many such ......