Micro-loan securitisation volumes may see impact in Q4 due to third COVID-19 wave: Report


Micro-loan securitisation volumes may see impact in Q4 due to third COVID-19 wave: Report

"The securitisation volumes in Q4 (FY22), which should have otherwise seen a healthy improvement, could be impacted by the concerns around the third wave of COVID infections that may affect the repayment capabilities of the borrowers who have a marginal financial profile," the rating agency said in a report released on Tuesday.

Hero Fincorp has initiated a valuation exercise before the equity funding round will be finalised. The final contributions of the existing and new investors could change based on the valuation report, according to people cited.


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