RBI issues draft framework to strengthen liquidity of NBFCs

Abhirup Ghosh abhirup@vinodkothari.com Financial year 2019 has been a year to remember, as the NBFC sector, which caters to a significant portion of the financial needs in the economy, almost choked due to lack of liquidity. While there was an undercurrent already, but the fall of the mammoth ILFS group, ignited the crisis. Resultantly, the … Continue reading RBI issues draft framework to strengthen liquidity of NBFCs