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

Ernst & Youngs Ashvin Parekh explains that the RBIs clause limiting the eligibility of the banking licence arises from concerns regarding the stability and systemic risk to the banking sector as.

View the latest etf prices and news for better ETF investing.Only website’s news are shownFinance – newsdepo.com – 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.

Non-banking finance companies (NBFCs) have been in the news for quite some time with regard to their exposure, bank borrowings, quality of assets and asset-liability mismatches. On the eve of the.

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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. “Special window is a confidenceboosting measure, but not having a special window will not be the end for the NBFC sector,” said Dinanath Dubhashi, managing director of L&T Finance.

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

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We have not stopped lending to NBFCs at all," managing director Arijit Basu told reporters on the sidelined of a banking summit organised by industry lobby IMC. Last week, SBI had said it had been closely monitoring its exposures to NBFCs for the past many months and was taking appropriate measures to safeguard its interest.

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