Kya RBI ke interest rate hikes se NBFCs doob jayenge? Nuvama Institutional Equities ki nayi report ke mutabik, sector kaafi strong hai aur systemic risk ke chances kam hain.
Kya RBI ke rate hikes se darne ki zarurat hai?
Market mein charcha hai ki agar RBI interest rates badhata hai toh financial sector par load aayega. Lekin Nuvama ki report saaf kehti hai ki Indian NBFCs is baar pehle se bahut zyada ready hain. Pichli baar jab repo rate 250 basis points badha tha, tab bhi industry ne apni asset quality sudhari thi.
Strong Capital ka fayda
Data dekho toh March 2022 mein GNPAs 5.7% the, jo March 2023 tak ghat kar 4.6% reh gaye. Strong provision buffers aur behtar underwriting ki wajah se badi gadbad hone ke chances kam dikh rahe hain.
Investors kahan savdhaan rahein?
Systemic risk toh kam hai, lekin Net Interest Margins (NIMs) par dabav aa sakta hai. Agar funding costs badhi aur company use customer par pass-on nahi kar payi, toh profit margin thoda hit ho sakta hai.
Saath hi, unsecured personal loans, microfinance, aur commercial vehicle financing jaise segments mein abhi bhi risk hai. In areas mein stress ki possibility bani rehti hai. Iske alawa, 1 October 2026 se lagu hui nayi RBI norms ke baad stressed assets ko kaise handle kiya ja raha hai, uspar har investor ko gehri nazar rakhni hogi.