Decoding the demonetisation impact on non-banking financial companies (NBFCs), Krishnan Sitaraman, Senior Director, Crisil Ratings said in the short-term the impact will be felt by those companies that are cash intensive – the likes business catering to used commercial vehicle financing, gold financing entities and micro financing companies. However, he said Crisil rated NBFCs will be able to manage the impact because of liquid assets on their balance sheet as long as this disruption gets over in a month or two, but if it is prolonged over three months then asset quality challenges could arise for them too.For more information Call us ✆ +91 7400-73400 or Visit http://dollaradvisory.com
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