TAT

TAT for MSME Loan Processing Improves Among Lenders; NBFCs Are the Fastest: Report

Non-Banking Finance Companies (NBFC) have consistently demonstrated lowest TAT compared to other lender categories, and their TAT has reduced from 24 days in 2016 to 18 days in 2018. There has been an increase in the turn-around times (TAT) for loan processing across all the three segments of lenders with the NBFCs being the fastest, according to TransUnion CIBIL-SIDBI joint report.