Small NBFCs could witness sharp increase in funding costs: Ind-Ra
A large quantum of borrowings to be raised by large NBFCs would lead to a further increase in the banks' exposure to the sector.
A large quantum of borrowings to be raised by large NBFCs would lead to a further increase in the banks' exposure to the sector.
The RBI says these companies flouted the extant rules on the charging of excessive interest and resorted to "undue harassment" of customers for loan-recovery purposes.