HFCs better placed than other NBFCs in terms of asset quality: Report - THEMARKETTRENDZ

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Thursday, 2 July 2020

HFCs better placed than other NBFCs in terms of asset quality: Report

“Portfolio under moratorium for some large NBFCs is as high as 70- 80%, with the sectoral average of about 52%, while for HFCs the average is about 28% " said A M Karthik, Vice President and Sector Head, Financial Sector Ratings ICRA "The additional covid-19 -related provision carried by NBFCs is about 0.7% (of the AUM), while for HFCs is about 0.2%."

from Banking/Finance-Industry-Economic Times
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