[ad_1] The NBFC crisis opens opportunities for small financial banks, who finance their business through their own deposits, said Samit Ghosh, MD and CEO of Ujjivan Small Finance Bank, in an interview …
Read More »The purchase of portfolios by banks could further impede business growth, says the organization NBFC
[ad_1] Non-bank financial corporations can not benefit from portfolio redemptions by banks. Instead, "help" could simply worsen their growth prospects, said a representative of the nonbank financial sector. "Banks buying NBFC portfolios …
Read More »Banks' aversion to NBFC fueled liquidity crisis in India
[ad_1] The current liquidity crisis in India has become a bone of contention between the Reserve Bank of India (RBI) and the government. Chart: Currency Mumbai: The liquidity crisis, which has become …
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