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Rating agency CRISIL has projected CPI Inflation at 6.4% for fiscal 2021. Research 4 Economic parameter Our view Impact on yields Gross domestic product (GDP) growth • We expect India’s GDP to decline 5% on-year in fiscal 2021 compared with 4.2% growth in fiscal 2020 • An extended period of lockdown, higher-than-expected economic cost and a smaller-than-expected policy push to revive demand in the short term, weigh on the growth outlook. The RBI in its Financial Stability Report, released last month, said GNPAs of NBFCs increased to 6.3 per cent as of March 2020 from 5.3 per cent as of March 2019. Feb 16 2021, 11:55 PM Feb 16 2021, 11:55 PM February 16 2021, ... one of the major recipients of NBFC credit. Collection efforts by NBFCs will further intensify their collection efforts and will improve further. The report stated that, in home loans, the largest NBFC segment, asset quality is expected to be relatively better than in the other segments. In vehicle finance, the second largest NBFC segment, asset quality will depend on improvement in macroeconomic environment as commercial vehicles constitute bulk of the portfolio, the report … qualify for the Reserve Bank of India's latest restructuring window as they are still standard accounts as of March 2021, the rating agency said. Many innovations by NBFC players will help in the growth of the segment in 2021 as well. The RBI has allowed banks to restructure loans to inviduals and SMEs upto an aggregate amount of Rs 25 crore provided these accounts have not been restructured last fiscal and are not classified as NPAs at the end of March 2021. CRISIL observes that unlike previous crises, the pandemic impacted almost all the NBFC asset segments. The News Scroll 09 April 2021 Last Updated at 9:34 pm | Source: ... (portfolio at risk) recovery would be affected," Crisil Ratings said in a report. NBFC delinquencies may rise up to 250 bps in FY21: Crisil. Domestic passenger traffic witnessed a 19% to 20% dip during April 6, 2021 to April 19, 2021 as compared to the average of March 2021. The report had said the asset quality of non-bank players is expected to deteriorate further due to disruption of business operations caused by the pandemic, especially in the industry sector, one of the major recipients of NBFC … The report had said the asset quality of non-bank players is expected to deteriorate further due to disruption of business operations caused by the pandemic, especially in the industry sector, one of the major recipients of NBFC credit. NBFC's stressed assets may hit Rs 1.5-1.8 lakh crore by March-end: Crisil ... 2021 | Updated 09:10 IST . NBFCs' stressed assets may touch Rs 1.5-1.8 lakh crore by March-end: Report 16 Feb, 2021, 08.04 PM IST. The Crisil report further said alongside wholesale loans (dominated by real estate and structured credit), vehicle finance, MSME finance and unsecured loans have been in the spotlight this year due to a rise in stressed assets. As per a CRISIL report the one time COVID-19 restructuring window, and the micro, small and medium enterprises (MSME) restructuring scheme offered by the Reserve Bank of India (RBI) will limit the reported gross non-performing assets (GNPA). PTI; September 18, 2020, 19:33 IST CRISIL says that previously, digital modes were considered secondary to the traditional, physical cash collection process.

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