Following the RBI’s tighter regulations on co-lending, banks and NBFCs may shift towards direct assignment of assets. The new rules demand significant tech integration and credit policy alignment, potentially slowing down operationally intensive loans. While larger NBFCs might find the compliance burdensome, smaller ones could benefit from the default loss guarantee, enhancing their scaling ability.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII