Financial institutions are likely to exercise ‘Restructuring 2’ for stressed assets, in the absence of a moratorium, said HDFC Securities.
Accordingly, HDFC Securities, expects banks to remain selective in restructuring stressed assets.
“We believe that NBFCs (lender category) and the MSME sector (borrower category) are likely to witness the highest amount of restructuring,” the brokerage firm said in a report.
Besides, the firm expects a stop-start pattern in loan disbursements during Q1FY22, particularly in retail and SME segments, on account of lockdowns and surging second-wave numbers.
“System-wide credit grew by 6 per cent YoY with retail contributing to bulk of the credit growth.”
“Net additions to credit cards, which had…
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