Indian NBFCs with strong balance sheets have muscle power to lift assets under management, says CRISIL

"There are more tailwinds than headwinds," Crisil senior director Krishnan Sitaraman said. He said that stronger balance sheets with higher capitalisation and higher provision buffers, along with receding asset-quality concerns have put NBFCs on a solid foundation to capitalise on credit demand.

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