RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector

"The company also plans to undertake capex of about Rs 280 billion in FY18. We believe NTPC can secure adequate funding given its strong position in India’s power sector and very good access to both.

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Read more about RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector on Business Standard. The Reserve Bank of India Thursday said it is closely monitoring the developments in the NBFC sector and will not hesitate to take measures to ensure financial stability.This comes in the backdrop of two domestic rating agencies downgrading

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As a prudential measure aimed at better risk management and avoidance of concentration of credit risks, the Reserve Bank of India has advised the banks to fix limits on their exposure to specific industry or sectors and has prescribed regulatory limits on banks’ exposure to single and group borrowers in India.

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ALSO READ: RBI assures all help to troubled NBFCs as SBI monitors exposure to sector In terms of the number of ATMs deployed, India is next only to China. During 2012-2017, ATM deployment grew at.

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RBI assures all help to troubled NBFCs as SBI monitors exposure to sector The move comes after DHFL, the third- largest pure-play mortgage player, has defaulted on bond repayments. Share Via Email

RBI is committed to ensuring a robust and well-functioning NBFC sector, said Das. RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector Prayers