RBI to enhance monitoring of shadow banking firms: Governor Shaktikanta Das

"It is our endeavor that there is no contagion," says rbi governor shaktikanta das. India’s central bank is seeing "signs of fragility" in some of the 50 mortgage lenders and other shadow banks it is monitoring to prevent the spread of a crisis that followed the collapse of a non-bank lender last year.

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 · MUMBAI (Reuters) – The credit flow to India’s non-banking finance companies (NBFCs) should gather pace soon, Reserve Bank of India Governor Shaktikanta Das told the Business Standard daily in an in.

Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector.

The credit flow to India’s non-banking finance companies (NBFCs) should gather pace soon, Reserve Bank of India Governor Shaktikanta Das told the Business Standard daily in an interview published on Friday.

 · ”It is our endeavor that there is no contagion,” says rbi governor shaktikanta das.. india’s central bank is seeing “signs of fragility” in some of the 50 mortgage lenders and other shadow banks it is monitoring to prevent the spread of a crisis that followed the collapse of a non-bank lender last year.. Such non-banking finance.

Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor. in its shadow banking sector after shares of Indian mortgage lender Dewan Housing Finance Corp Ltd (DHFL).

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Even though the RBI has been focused primarily on improving liquidity, RBI Governor Shaktikanta Das said on Wednesday that the regulator was also keen to ensure that there were no collapses of any.

MUMBAI- Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector. "We will not hesitate to take any required steps to maintain financial stability in.

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MUMBAI (Reuters) – Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor. shadow banking sector after shares of Indian mortgage lender Dewan Housing Finance.