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Don’t Ignore The Credit Risk In NBFCs
25 Feb 2019, 01:30 PM IST
In the aftermath of the default of IL&FS in September 2018, non-banking finance companies have been facing a significant amount of financial stress. In popular discourse, attention has been paid to understanding the market risk faced by the NBFCs. NBFCs are in the business of lending where credit risk is also important. In this article, we take a look at how the NBFCs have been pricing credit risk.
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