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India’s NBFCs are flush with funds, but industry leaders warn that small borrowers and low-income households remain under pressure. Affordable housing loans are shrinking, MSME credit supply lags demand, and rising asset prices are squeezing affordability. Experts say the credit cycle is normalising, with GST reforms offering some hope for relief…
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NBFCs flush with funds but small borrowers under stress, say industry leaders
Swapnil Deshpande
20:24
India’s NBFCs are flush with funds, but industry leaders warn that small borrowers and low-income households remain under pressure. Affordable housing loans are shrinking, MSME credit supply lags demand, and rising asset prices are squeezing affordability. Experts say the credit cycle is normalising, with GST reforms offering some hope for relief…
