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₹5774400 Expects contraction in operating profits and increase by Leo Smith

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Summary
» Expects contraction in operating profits and increase by Leo Smith
» Price :  ₹5774400
Leo Smith (Registered since March-2017) last updated this ad 43 days ago via website & 48 users visited this ad so far on Clickindia
Description
basically due to slowdown in credit to loans against property (LAP), SMEs and commercial vehicles. LAP and SME segment borrowers are likely to face higher refinance cost and delays in incremental credit as the liquidity position of NBFCs is tighter than in the past, the report stated. Icra expects contraction in operating profits and increase in credit cost to impact net profitability by about 1.6-1.8% for the current financial year. It expects entities to hold incremental buffer of about 2-3%
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Location address : Badil Kheda, Nagpur, Maharashtra, India
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