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Monday, 8 October 2018

IL&FS effect: NBFCs brace for tighter regulation

Borrowing rates in India’s money markets climbed to a four-year high this month following IL&FS’s defaults. Stricter rules at a juncture when funding is becoming difficult may force smaller non-bank finance companies (NBFCs) to shut.

from Times of India https://ift.tt/2Ryb9YM
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