NBFCs are expected to face pressure on margins due to liquidity issues and high funding costs in Q3 of 2024. Microfinance companies and those with high unsecured loans may see payment delays. Analysts predict slowed credit growth, elevated credit costs, and deteriorating asset quality, exacerbated by subdued vehicle financing and regulatory scrutiny.
Rupee holds steady at 86.06 amid RBI Intervention
The Indian rupee closed nearly unchanged at 86.06 per dollar on Monday, despite initial weakness due to high crude oil prices and geopolitical tensions between
June 17, 2025