Tag: Nbfc Crisis

NBFC crisis has bottomed out; govt, RBI will closely monitor situation: FM Nirmala

New Delhi: Finance Minister Nirmala Sitharaman Saturday said the NBFC crisis seems to have bottomed out and the government along with the RBI will closely monitor the situation to ensure that the sector comes out of the wood. She further said that the government takes all the steps to keep inflation under check while dismissing […]

  • Wednesday, 28 April 2021
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Amid NBFC Crisis, SBI Reminds RBI Of Its Role As Lender Of Last Resort

New Delhi: Economists at the State Bank of India (SBI) have reminded the central bank that they should not forget their primary function of being the lender of last resort. As the NBFC continues to be in distress, economists at SBI on Friday called for the Reserve Bank of India (RBI) to play its role […]

  • Tuesday, 20 April 2021
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