NBFCs should also lend to lower rated corporates: Principal economic advisor Sanjeev Sanyal

Sanjeev Sanyal highlighted a need facilitate more funds flow to the lower corporates as most lending is to the top-rated borrowers. A recent study by ratings firm indicated NBFC lending to top-rated borrowers rose by close to 10 per cent over the last five years, but remained at sub-zero levels for lower rated corporates.

from Banking/Finance-Industry-Economic Times https://ift.tt/3tnTdUf