Moody's: Demonetization adds to short-term adjustment pressure on India's non-bank finance companies, but will not derail their growing franchise
Announcement: Moody's: Demonetization adds to short-term adjustment pressure on India's non-bank finance companies, but will not derail their growing franchise. Global Credit Research- 21 Mar 2017. Singapore, March 21, 2017-- Moody's Investors Service says that non-bank financial companies in India will demonstrate broadly stable asset quality, but delinquencies will likely rise over the next 1-2 quarters, as demonetization adversely affects collections across asset...
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