NBFCs asset under management shrinks in Q1 FY22: Icra Ratings


NBFCs asset under management shrinks in Q1 FY22: Icra Ratings

The asset quality for the non-banks entities weakened quite sharply in Q1 FY2022 because of the localised lockdowns imposed by various states on account of the second wave of COVID-19 infections, which impacted the collection process of these entities,Icra Ratings said.

"The new, integrated campus is a strong testament of our commitment to continue to meet our clients’ needs while ensuring a world-class work environment for our employees, as well as tap the incredible talent pool that the city offers,” said Daniel Wilkening, Chief Administrative Officer, Commercial Banking and Head of Global Services, JPMorgan Chase.


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