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Saturday, November 3, 2018

Lifeline for NBFCs: RBI nod to banks to back their bonds

The relaxation comes at a time when nearly Rs 50,000 crore of commercial papers and another Rs 50,000 crore of bonds issued by finance companies are coming up for redemption and investors have turned cautious in respect of extending fresh loans.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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