IL&FS crisis may lead to consolidation in NBFC sector: Fitch – ET Auto

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IL&FS crisis may lead to consolidation in NBFC sector: Fitch – ET Auto The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking. Non-banking financial companies (NBFCs) are commonly referred to as the shadow banking sector.

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The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking. Non-banking financial companies (NBFCs) are commonly referred to as the shadow banking sector.

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IL&FS crisis may lead to consolidation in NBFC sector: Fitch The draft liquidity norms for the non-banking financial companies (NBFCs) announced by the Reserve Bank will put pressure on their margins and returns over the medium term, analysts say.

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New Delhi: strict liquidity norms proposed by the Reserve Bank of India for the NBFC sector may help companies backed by large corporate houses and with strong credit rating to outperform and speed up industry consolidation.. brokerages expect companies like Bajaj Finance, HDFC and L&T Finance, which have strong credit rating, to outperform amid the ongoing liquidity crisis visible in the.

IL&FS Crisis May Lead to Consolidation in NBFC sector: Fitch Ratings Non-banking financial companies (NBFCs) are commonly referred to as the shadow banking sector.

IL&FS crisis may lead to consolidation in NBFC sector: Fitch – ET Auto The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking. Non-banking financial companies (NBFCs) are commonly referred to as the shadow banking sector.

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