RBI Rate Hike Unlikely to Trigger Broad NBFC Asset Stress, Nuvama Says
A potential Reserve Bank of India rate hike is unlikely to cause broad-based asset quality stress for non-banking financial companies, according to Nuvama Institutional Equities. The brokerage said historical patterns show that rate increases alone do not typically lead to widespread deterioration, while strong capital buffers and ample liquidity should help absorb any pressure.
