Non-bank lenders to see high levels of stress, recovery only in FY23: ICRA

Non-bank lenders to see high levels of stress, recovery only in FY23: ICRA

Non-bank lenders to see high levels of stress, recovery only in FY23: ICRAAug 3, 2021, 05:03 PM IST

“The impact on collection efficiency was lower during the June quarter compared to what was witnessed in the same period last year and initial feedbacks indicate a further improvement in the metric in July 2021,” said AM Karthik, Vice President, Financial Sector Ratings, ICRA Limited.

No error of judgement in PNB Housing Finance deal; future course as per SAT order: PNB MDAug 3, 2021, 03:51 PM IST

Under the deal announced on May 31, the US-based Carlyle, alongside other investors, is slated to infuse Rs 4,000 crore capital into PNB Housing Finance through the issuance of preference shares and warrants.

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