How did the NBFC sector get impacted?
Post the defaults by a large entity, liquidity tightened for the NBFC sector
NBFCs / HFCs witnessed a slowdown in loan disbursements
Few NBFCs / HFCs also resorted to portfolio sell downs
Notes: 1. Credit Suisse
2. India Ratings
How did PEL perform?
Raised long-term funds amounting to nearly `16,500 Crores in H2 FY2019, which is equivalent to 30% of loan book size
Reduced commercial paper (CP) exposure to `8,900 Crores as on March 31, 2019 from `18,000 Crores in September 2019
Significant increase in the share of bank loans in the overall borrowing mix
Share of bank borrowings in
overall borrowings1
(%)
Share of mutual funds in
overall borrowings1
(%)
Consistent quarterly performance, with improving revenues and steady
profitability throughout the year,
despite system-wide liquidity tightening
Financial Services Revenues (FY2019)
(` Crores)
Note: 1. Data for PCHFL
2. Considering Cash Tax and other synergies from merger
Financial Services ROE2 (FY2019)
(%)