Read More >> MUMBAI: Para banks would face tighter liquidity, higher funding costs and consequently lower net interest margins (NIMs) in FY20 as they overhaul their balance sheets toward long-term borrowings, India Ratings & Research said in its outlook report on Tuesday.
The Fitch-owned rating company expects wholesale financing NBFCs, especially those lending to real estate, micro and small enterprises (MSMEs) and large corporates, to expand slower than the retail financing NBFCs.