NBFC funding costs emerge as key margin risk in Q2FY27

Rising funding costs are expected to become a key swing factor for NBFC earnings in the second half of FY27, with higher bond yields likely to weigh on margins. Builders in credit and lending should stress-test unit economics against 25–50 bps of funding cost headwind and explore hedging or capital-light models now.

Source: ET BFSI ↗