Top-Rung Nbfcs To Benefit From Collapse Of Crb Caps

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The CRB Capital Markets fiasco is likely to accelerate the shake-out in the non-banking finance sector, with depositors losing faith in about 20,000 small to medium NBFCs.
As a fall-out, smaller players will not only register a decline in deposit mobilisation, but also face a hard time raising funds from banks, which already view the sector as a high-risk one.
If these companies have not maintained reserve requirements with the RBI, it will be difficult for them to repay the depositors in the event of the deposits being called back. The top 15 players
First Published: May 19 1997 | 12:00 AM IST