Economy · India
Report: RBI Rate Hike Unlikely to Broadly Harm NBFC Asset Quality
A report by Nuvama Institutional Equities suggests that a potential Reserve Bank of India (RBI) rate hike is unlikely to cause widespread asset quality stress among Non-Banking Financial Companies (NBFCs). The report indicates that previous rate increases did not lead to significant deterioration in NBFC asset quality. While acknowledging potential risks, such as those stemming from the West Asia conflict, the report limits these concerns to specific NBFC segments, projecting that overall asset stress is improbable.
How outlets across the spectrum covered it
L 0 C 2 R 0
- Centre (2): The Times of India, The Tribune