NBFCs remain resilient; COVID impact to manifest over time: RBI
NBFCs remain resilient; COVID impact to manifest over time: RBI Liquidity enhancing measures that helped the NBFC sector through the pandemic troubles also led to favourable market conditions, reflected in the pick-up in debenture issuances BusinessToday.In | May 18, 2021 | Updated 00:19 IST India's non-banking financial companies grew at a slower pace in second and third quarters of financial year 2020-21 on annual basis due to COVID-19-led disruptions and muted demand but continued to disburse credit. Wading through the thick of pandemic shows the resilience of the sector, the Reserve Bank...