India’s non-bank lenders are bracing for a big flood of delinquencies from micro, small and medium enterprises (MSMEs), the worst hit by the pandemic.
The wariness still lingers despite improvement in repayment collections in the past two months. Lenders believe this to be a temporary relief.
The collection efficiencies of non-bank lenders have seen an improvement even for vulnerable segments such as MSMEs and microfinance. Analysts at Crisil Ltd estimate that collection efficiencies were 65-70% of pre-pandemic levels in August for MSMEs and microfinance. In comparison, collection efficiencies were 25-30% during the lockdown months of April and May, and around 55-60% in June and July.
“Businesses in big cities are still impacted, but in many areas, they are back in business. We have seen improvement in our collections,” said Rajesh Sharma, managing director at Capri Global Capital Ltd, a non-bank lender catering mainly to
Explore the Horizon and Vista collections at Cielo at Sand Creek. Clubhouse amenities!
ANTIOCH, Calif., Sept. 10, 2020 /PRNewswire/ — Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, is bringing two new home collections to Cielo at Sand Creek, its celebrated gated community in Antioch boasting versatile single-family homes, exceptional clubhouse amenities, and access to schools within the Brentwood Union School District. The Horizon Collection and Vista Collection—each offering a dynamic lineup of single- and two-story floor plans—are currently pre-selling, with select homes available to reserve online.
Explore each collection at CenturyCommunities.com/CieloHorizon and CenturyCommunities.com/CieloVista!
“We’re thrilled to debut these new home collections at Cielo at Sand Creek,” said Nick Arenson, Bay Area Division President. “This provides homebuyers with even more home designs and price points to choose from, in a sought-after
Jamie McCarthy/Getty; Jamie McCarthy/FilmMagic; Lars Niki/E! Entertainment/NBCU Photo Bank via Getty
High fashion is coming home with a new collaboration between Lowe’s and New York Fashion Week.
The home improvement store has paired up with three of fashion’s biggest names — Christian Siriano, Rebecca Minkoff and Jason Wu — to show how fashion and interior design are uniquely intertwined.
Each designer handpicked a collection of home decor items from Lowe’s that they will be using to style their NYFW runway shows later this month, curating an “edit” of products that speak to them and their personal aesthetic. The products, which range from lighting fixtures to furniture to wall art and everything in between, are all shoppable now on the Lowe’s website — and while they may be runway-ready, they’ve got sample sale-worthy price tags.
Inspired by the fact that the coronavirus pandemic has left people spending more time in their