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 deterioration across non-banking financial companies, according to a Nuvama Institutional Equities report. The note argues that past tightening cycles, healthy capital buffers and ample systemic liquidity should help absorb pressure, while any spillover from the West Asia conflict remains confined to select pockets.
