IL&FS crisis may lead to consolidation in NBFC sector: Fitch – ET Auto

The NBFC crisis and its implication on financial sector IL&FS crisis may lead to consolidation in NBFC sector: Fitch Ratings 1 min read . 22 May 2019 DHFL puts fresh deposits and renewals on hold, halts pre-mature withdrawals

The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking. Non-banking financial

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IL&FS crisis may lead to consolidation in NBFC sector: Fitch Ratings SpiceJet launches 20 new domestic flights, including 8 between Mumbai and Delhi RBI not in favour of special credit window for NBFCs

BCG’s Sinha said that RBI will have to distinguish between short-term and structural solutions for the NBFC sector. Some NBFCs are under stress after the IL&FS crisis. Last week, DHFL said it would neither allow premature withdrawal of deposits, nor would accept fresh money. To be sure, larger NBFCs could lead to a disruption because of their.

IL&FS crisis: RBI may cancel licenses of 1,500 small NBFCs, says report Description: Nearly 11,000 of India’s NBFCs are small and medium-sized businesses with an asset base of less than Rs 500 crore. But the top 400, many of which are backed by banks and finance companies, control about 90% AUM

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IL&FS Crisis May Lead to Consolidation in NBFC sector: Fitch Ratings Non-banking financial companies (NBFCs) are commonly referred to as the shadow banking sector.

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22 May 2019. New Delhi, May 22 The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking.