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Thursday, November 7, 2019

Govt mulling special window for NBFCs under insolvency law

Persisting liquidity issues in the NBFC space as well as the financial woes of some groups in this sector have raised concerns about the health of the overall financial system. Troubles at Dewan Housing Finance Corporation Ltd (DHFL) and scam perpetrated at Punjab and Maharashtra Co-operative (PMC) Bank have added to the woes.

from Banking/Finance-Industry-Economic Times https://ift.tt/33rUAU4

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