RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector

The country’s largest lender SBI too said it has been closely monitoring its exposure to the NBFC sector for the past 10 months and taking action as required. RBI Governor Shaktikanta Das, during his post policy interaction with the media, said the apex bank is closely monitoring the troubles brewing in the NBFC sector due to the liquidity crisis.

Business News>Markets>Expert View>Bigger NBFCs should be given RBI pipeline for emergency funding, says george alexander muthoot _Although April was not that good, May and June is looking bright and prosperous for gold loan sector, says George Alexander Muthoot, MD, Muthoot Finance, in an interview with ETNOW.

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RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector The country’s largest lender SBI too said it has been closely monitoring its exposure to the NBFC sector for the past 10 months and taking action as required

RBI assures all help to troubled NBFCs as SBI monitors exposure to sector The move comes after DHFL, the third- largest pure-play mortgage player, has defaulted on bond repayments. Share Via Email

However, in all these companies, Mallya continues to be the chairman. In the case of MCF, Mallya was forced to resign from the board in December last. This followed a directive from the lender.

Investments worth USD 6 billion are expected in the country’s airport sector in five years with around USD 1 billion to be utilised for reviving aerodromes, a senior government official said today..

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The Reserve Bank of India on Thursday said it was closely monitoring the. New finance minister nirmala sitharaman and the RBI are expected to come out with policies that would help provide stability to the NBFC sector and boost growth.. No special window for NBFCs, but RBI assures on.

Banks shed 30bn in sour’ loans 1991 Profit Is Reported At S.& L.’s – The report said that the 2,096 savings associations that have managed to hold their own without Government help had, in general, shed many of their sour loans and unattractive. savings associations.

RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector newsdepo.com The country’s largest lender SBI too said it has been closely monitoring its exposure to the NBFC sector for the past 10 months and taking action as required.

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