RBI’s relaxed lending norms, especially for gold loans up to 2.5 lakhs, positively impact gold financiers like Muthoot and Manappuram due to revised LTV and quicker turnaround times. While microfinance faces credit growth challenges, the repo rate and CRR cuts boost credit growth for NBFCs, favoring those with strong balance sheets. Bajaj Finance and SBI Card are also preferred.
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Liquidity surge to propel NBFCs with strong fundamentals: Shweta Daptardar
