RBI assures it’s ready to help NBFCs if needed

January 10, 2019 |
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Banking
RBI assures it’s ready to help NBFCs if needed

MUMBAI / KOLKATA: The Reserve Bank of India has advised non-bank lenders to adjust to the current state of liquidity even as the sector lobbies for bank loans at easier terms for lending to the small and medium enterprises sector which is known for creating jobs. 

RBI Governor Shaktikanta Das held discussions with leaders from the NBFC sector on Wednesday and listened to the issues troubling the sector. They raised the issue of higher borrowing cost from banks although the liquidity situation has improved from what was in last October or November. 

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