Corporate Grapevine

Published: Dec 29, 2021
Updated: Dec 29, 2021

NBFC defaults

If banking insiders are to be believed, the NBFC sector is staring at huge defaults from its customers. While Srei Infrastructure is already facing a tough time, bankers said due to Covid, the business models of gold loan companies have gone for a toss. The customers of car and personal loans have defaulted as millions lost jobs due to Covid lockdowns. A South based NBFC has already defaulted on its loans to the banks and has sought debt restructuring.

February 15, 2025 - First Issue

Industry Review

VOL XVI - 10
February 01-15, 2025

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

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