IL&FS is no Lehman; NBFC crisis over thanks to govt, but problem remains: HDFC Bank MD Aditya Puri

HDFC Bank Managing Director Aditya Puri says that tighter regulatory oversight and asset sales have staved off the worst of the problems afflicting India’s NBFCs following last year’s defaults by IL&FS.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2IWPqIX