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NBFCs face double whammy of liquidity bind and tighter regulations

It may appear that NBFCs are reading the tea leaves right on funding

Topics
Nbfc  |  Banking Sector  |  Bank Credit

Raghu Mohan 



Illustration
Illustration: Binay Sinha

Ask Keki Mistry if the wariness towards non-banking companies (NBFCs) in the aftermath of the Infrastructure Leasing & Financial Services (IL&FS) fiasco is an over-reaction and he readily says: “Yes. On the unfounded belief that other would default as well,” says the vice-chairman and CEO of Housing Development Corporation (HDFC).

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First Published: Fri, October 19 2018. 05:30 IST

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