NBFCs Face Borrower Strain Despite Ample Liquidity

NBFCs, which lend money, have plenty of cash, but some borrowers are struggling.

Small businesses and low-income households are finding it hard to repay loans due to high costs and expenses.

While overall credit demand is up, it is harder to get loans because lenders are cautious.

Increased prices of homes and vehicles also play a role.

Some experts think changes in taxes may help people by giving them more money to spend.