Stressful times continue for financial lenders as slippages are expected to rise and loan recasts are on the anvil.

In an interview with CNBC-TV18, TT Srinivasaraghavan, MD of Sundaram Finance and N Kamakodi, MD and CEO of City Union Bank spoke at length about the stress on NBFCs.

According to Srinivasaraghavan, delinquencies will increase; whether by 250 bps or not is not clear.

City Union Bank's Kamakodi expects 5-6 percent of book requires rescheduling or restructuring.

Watch the video for more.