NBFCs Shift Focus From Growth to Caution, Tightening MSME Loan Lending
18 Nov 2025 | Category: Business
India's non-bank lenders, like Bajaj Finance and IIFL Finance, are slowing MSME loan growth due to rising credit risks and bad debts. They are shifting focus to secured lending and tighter underwriting amid external shocks, particularly from US tariffs impacting small businesses.
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Source:
Mint
| 18 Nov 2025
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