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These include companies such as Express Fincap House, Akshay Fiscal Services, Times Finance (P), Jupiter Projects (P), Jupiter Finvest, Essel Finance Business Loans, and Citiwide Financial Services

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REITS and InvITs are investment vehicles that allow investors to invest in real estate and infrastructure assets respectively

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Peak interest rates touch 7%, or thereabouts

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The government has also raised the maximum loan amount limit for large NBFC-MFIs and MFIs to ₹1,000 crore from ₹300 crore, subject to a 20% Assets Under Management ceiling

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The report said major lenders are likely to see further declines in bad-loan ratios, supported by stronger balance sheets and improved recovery mechanisms

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