NBFCs in dire strait amid liquidity scare
  • WebDesk BTVI
  • May 02 2019

Senior journalist Tamal Bandopadhyay discusses the condition of NBFCs. He says that the next 6 months will be very crucial for India's financial sector and hopes that the next government takes some measures to address the issues plaguing NBFC sector. He says the situation has been turbulent, but adds that there’s not much to do till the poll season ends. He adds that NBFCs are having a hard time finding funds as banks are not lending money to them. He says ECBs may be an option for NBFCs now.