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

“The RBI does not regulate HFCs. Banks have significant exposure to HFCs and the RBI in any case is mandated to look after the financial stability of the entire economy. In that background, we have been very closely monitoring the activity, the performance and the development in the NBFC sector.

 · ”The Government will take all measures to ensure that adequate liquidity is maintained/provided to NBFCs, mutual funds and SMEs,” Finance Minister Arun Jaitley said in a.

RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector The country’s largest lender SBI too said it has been closely monitoring its exposure to the NBFC sector for the past 10 months and taking action as required.

Private sector lender IndusInd Bank on friday reported 38.3 per cent jump. Nabard on Friday said it plans to raise about Rs 55,000 crore from the. Housing affordability has worsened over the.

UK house price growth cools unexpectedly in May – Nationwide After five years of unstoppable price rises, the housing market has been. year – northern England, Wales and Scotland – are expected to cool down.. with an election around the corner may also contribute to property falls.. Following an unexpected strong start to 2004, Nationwide revised this up to 15%.

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

However SBI’s share of lending to the stressed sectors such as power and real-estate is higher than that of the private banks. Government reforms . Another former RBI Governor, Raghuram Rajan, also says that "simple solutions like privatising all public sector banks may be no panacea".

Emkay released a Sector Update report for Banks on 10 Jul, 2019. Shares of HFCs and NBFCs tank, RBI says won’t hesitate to take steps Business standard. state bank of India: sbi clerk prelims 2019 results to be released soon; check on sbi.co.in

Australia’s economic growth slowest in 10 years amid calls for swift action Population growth will help propel Australia to become the world’s 11th biggest economy within a decade, a report predicts. Australia’s economy closing in on the world’s top 10 Skip to sections.

With a view to preventing speculative holding of essential commodities with the help of bank credit and the resultant rise in their prices, in exercise of powers conferred by Section 21 & 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest to do so, issues.

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