some of the assets that banks purchase from them, thereby improving their liquidity. The RBI, which is now a regulator of the housing finance companies, also eased liquidity ratio rules for banks to encourage refinancing for shadow lenders.
“We are monitoring the NBFC sector very closely,” Das said in his office adorned with two replicas of Lord, a form of the Hindu god Vishnu, revered in his native Odisha state. “There have been improvements but challenges still remain.” “We are constantly in touch with the large lenders to such NBFCs including housing finance companies where we see some signs of fragility,” Das said.of about 9.3 trillion rupees as of March 31, 2018, according to RBI data. Repayment of some of the loans maybe at risk as the cash crunch among non-banks has raised questions around solvency of real-estate companies, and threatens to push 70% of them out of business in the next two years, Goldman Sachs Group Inc. said in a note earlier this month.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
La source: dailymaverick - 🏆 3. / 84 Lire la suite »