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    <title>Note ban to affect NBFC collections in short term</title>
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    <description>NBFCs should maintain broadly stable asset quality though short term delinquencies may rise due to disrupted collections; loans against property growth and loose underwriting heighten asset quality risk. NBFCs have expanded retail market share versus banks, but capital generation may lag credit growth, making access to external capital critical. Funding profiles should remain broadly stable and funding costs may moderate, supporting near term profitability and liquidity.</description>
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