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

RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector NBFC RBI may toughen nbfcs’ access to public deposits. The Finance Ministry may ask the Reserve Bank of India (RBI) to put strong regulatory framework around NBFCs accessing non-bank public deposits, like pension and provident fund, as these are savings of the salaried.

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.

We are “very closely” monitoring nbfc situation & will take every step to ensure financial stability: rbi governor shaktikanta Das said the apex bank has decided to set up an internal working committee to look at the liquidity management framework of the NBFCs.

RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector When the floods happened, J&K Bank faced the prospect of huge NPAs (non-performing assets) because of their exposure to small businessmen. in terms of banks’ asset protection, it all combines to.

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RBI closely monitoring 50 NBFCs for signs of contagion. India’s banks are staring at another potential surge in soured debt as a result of their exposure to troubled non-banking finance companies.. "We are monitoring the NBFC sector very closely," Das said in his office adorned with.

ALSO READ: RBI assures all help to troubled NBFCs as SBI monitors exposure to sector While accounts with aggregate exposure of Rs 500 crore and above shall require two such ICEs, others shall.

PLF of 77.90% as against all India PLF of 60.72% with Talcher Thermal station of. recorded growth and excellent performance despite numerous challenges before the sector like coal shortage, strict.

India Inc’s overseas direct investment fell over 47 per cent to $ 1.77 billion during July 2017, the RBI data. Lupin on Tuesday announced the completion of the Good Manufacturing. Lupin on.

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