Shadow Banks To Face Growth\, Funding Headwinds: India Ratings

Shadow Banks To Face Growth, Funding Headwinds: India Ratings

India Ratings and Research (Ind-Ra) has revised its sector outlook on NBFCs to "negative" from "stable".

Banking & Financial Services | | Updated: September 09, 2019 13:52 IST
Shadow Banks To Face Growth, Funding Headwinds: India Ratings

Ind-Ra has cut its growth forecast for NBFCs for FY20 to 10-12 per cent from 15 per cent.