Personal, gold & micro loans to boost NBFCs’ asset books
While individual loans are expected to do well, business loans still face asset quality concerns. “Within the NBFC-Retail segment, personal credit, microfinance and gold loans are likely to be the primary growth drivers as other traditional asset segments-vehicle finance and business credit are still facing headwinds because of supply constraints and asset quality concerns" said Manushree Saggar, vice president, financial sector ratings, Icra.