Why did RBI hesitate to open special liquidity window for NBFCs, HFCs? Here’s the answer

The RBI has been under pressure from the government to open such a window to provide relief to troubled NBFCs and HFCs from the cash crunch problem ahead of the festive season as both public sector and private sector banks have completely stopped lending to them after IL&FS crisis.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2RpDuzC