Umesh Revankar on how new RBI norms will impact Shriram Finance & what Paytm partnership means
“The NBFCs which are basically into asset-backed lending, may not have much challenge. But the NBFCs which are modelled on the unsecured loan may have a certain challenge in raising resources or even cost of raising resources. So it depends upon the individual NBFCs. But as an industry, I feel the NBFC will have an alternative option of raising resources from other sources.”
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