Budget encourages banks to lend to good NBFCs: Yashpal Gupta, Repco Home Fin
  • WebDesk BTVI
  • Jul 05 2019

Yashpal Gupta, COO at Repco Home Finance, shares his views on the one-time six-month partial credit guarantee for buying asset pool from sound NBFCs. He says while the move will be a good booster, it remains to be seen how it pans out when implemented. He says commercial banks have been worried about NBFCs and are currently averse to dealing with them. He says Financial Minister’s announcement will encourage banks to lend to good NBFCs.