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

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View the latest etf prices and news for better ETF investing.Only website’s news are shownFinance – newsdepo.com – RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector newsdepo.com 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.

However, the stress in the NBFC sector have underscored. Debit card holders of State Bank of India and all other Banks can withdraw cash from PoS machines installed by your Bank across various.

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NBFC RBI may toughen NBFCs’ access to public deposits. The Finance Ministry may ask the Reserve Bank of India (RBI) to put strong regulatory framework around NBFCs accessing non-bank public deposits, like pension and provident fund, as these are savings of the salaried class and must be kept away from avoidable risks like infrastructure NBFCs.

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.

A Bombay Intelligence Security (BIS) officer stands guard beside Reserve Bank of India (RBI) signage outside the central bank’s headquarters in Mumbai, India, on Monday, July 22, 2013.