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Top 10 biz headlines: NBFC cash crunch, G20 meet outcomes & more

From IT ministry's Rs 1500 cr outlay to India's efforts at G20 meet to counter tax avoidance, Business Standard brings you top stories that made news on Saturday

Sundar Pichai, Google, India
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BS Web Team New Delhi
RBI to beef up supervision of NBFCs to maintain financial stability: Das

The Reserve Bank of India (RBI) was keeping a close vigil on non-banking financial companies (NBFC) and would not hesitate to step in with more measures if needed, Governor Shaktikanta Das said on Saturday. Read more here

NBFC cash crunch worsens; bond issuances at 7-month low of Rs 880 cr in May

The liquidity crunch at non-banking financial companies (NBFCs) is worsening, with the money raised by these firms through bond issuances in the domestic market falling to a