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NBFCs curb fresh loans in rural markets as weak monsoon raises repayment risks

Covered by 2 outlets ·First reported ·Updated
MintNBFCs curb fresh loans in rural markets as weak monsoon raises repayment risks
Image: Economic Times

India's leading non-bank lenders like Shriram Finance and Bajaj Finance are limiting new lending in drought-affected regions. The lenders are closely monitoring borrowers for early signs of repayment difficulties due to weak monsoon rainfall. Companies are…

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