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RBI's recent norms may spike NPAs for NBFCs, cautions ICRA

ICRA said that the RBI's recent notification on income recognition, asset classification, and provisioning norms for banks, non-banking financial institutions, and all-India financial institutions may lead to a sharp spike in the non-performing assets (NPAs) for non-banking finance companies.  ....

New Delhi , Nbfcs Npas , Indian Oil , Reserve Bank , Vice President , Financial Sector Ratings , Also Read , Big Banking ,