Informal economy participants as per ppt of one NBFC. These people are very careful in NPA since they generally take credit from Money lenders at high ROI. SFB/NBFC are giving them credit at half rate of market i.e. 16-18% p.a. .They will try a lot to save the only property incase of Equitas SBL security from being taken away from them. Hence, if macro economy is doing well, this sector will not have large NPA.
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