Case studies of select NBFCs Urban focused MSME lender based in Mumbai
NBFC focused on the Education sector
Tier 2 and 3 cities focused MSME lender based in Bengaluru
Loan book size (March 31,2020)
Rs 14 billion
Rs 11 billion
Rs 19 billion
Credit Rating
ICRA BBB (March 2020)
ICRA BBB+ (January 2020)
ICRA A- (June 2020)
Moratorium
The company did not avail moratorium from lenders, but gave moratorium to almost all its customers.
Almost 75% of company’s customers took at least one month moratorium; however, the company did not avail moratorium from its lenders lest it impact future relationship with them
Only few of the lenders extended moratorium to the company, while about 52% its customers’ availed moratorium.
TLTRO
Company tried to get funding from 6-7 banks through TLTRO, but were unsuccessful.
The company did not get funding
The company received about Rs 600 million under the scheme.
Refinancing by NABARD, NHB, SIDBI
The company received liquidity finance of Rs 100 million through an all-India financial institution, but it was given for 10 months period, whereas the
No major benefit
The company received Rs 500 million funding through an all-India financial institution.
Particulars
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