Big NBFCs need more scrutiny, failure can cause huge losses: RBI report3 min read 27 Jun 2019, 08:55 PM IST
Non-bank lenders have seen their sources of funds dry up after defaults by IL&FS, says RBI's Financial Stability Report
The NBFC sector’s gross bad loans as a proportion of total loans increased from 5.8% in 2017-18 to 6.6% in 2018-19
MUMBAI : The Reserve Bank of India called for greater surveillance on large entities in India’s shadow banking sector as their failure could lead to losses that are similar to those of big banks.
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