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Top 10 business headlines: NBFC crisis, mobile user base dips, and more

From NBFC crisis to Ola suspending Foodpanda delivery, Business Standard brings you top 10 stories that made news on Tuesday

rbi, reserve bank of india
Reserve Bank of India

RBI rules out credit line for NBFCs, discusses revised bad loan circular The Reserve Bank of India (RBI) board on Tuesday suggested not extending a credit line to struggling non-banking financial companies (NBFCs) because it felt there was no systemic liquidity issue but there were solvency concerns in some large entities. Read on... Liquidity-starved DHFL stops fresh deposits, premature withdrawals Liquidity-starved Dewan Housing Finance Ltd (DHFL) has said it won’t allow premature withdrawals of its deposits, with immediate effect, in order to reorganise its ...