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Rising Covid cases to subdue securitisation market: ICRA By IANS | 2 Views ICRA. (Photo: ICRA). Image Source: IANS News New Delhi, April 8 : Rising Covid cases are expected dampen the securitisation market, affecting fund-raising for NBFCs in the near term, ratings agency ICRA said. Despite the healthy activity seen in the securitisation market in Q4FY2021, the rising Covid-19 cases may again create uncertainty among the investors, Abhishek Dafria, Vice President and Head, Structured Finance Ratings at ICRA, said in a report. On a positive front, the lockdowns announced by a few state governments at present are less restrictive in comparison to the nationwide lockdown seen last year. Nevertheless, an unabated increase in the Covid cases is likely to bring about fears of harsher lockdowns which could impact the asset quality of retail loans especially for unsecured loans such as in the microfinance sector. ....
Banks have been lending more to NBFCs: CARE Ratings - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.