IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: Fitch Ratings – Firstpost

IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: Fitch Ratings Wednesday, 22 May 2019 The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking

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RBI: Despite NBFC Crisis, Financial System Stable; NPAs Fall Sharply to 9.3% in FY19 Mutual funds are the biggest supporters of the financial system courtesy the funds that they provide and hence, any disruption in the MF market has immediate and significant spillovers in the asset markets, RBI said in the bi-annual Financial Stability Report.

Fitch Ratings. IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: fitch ratings. firstpost – Press Trust of India. New Delhi: The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by.

Crisis in NBFC sector.. It appears that the difficulties in rolling over NBFC debt that followed the collapse of Infrastructure Leasing and Financial Services (IL&FS), a leading NBFC, have abated somewhat;. Vijaya Bank and Dena Bank may consider their consolidation.

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