RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector

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RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector. The country's largest lender SBI too said it has been closely monitoring its exposure.

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– RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector vadlamani pavani 3 weeks ago Leave a Comment Mumbai: The Reserve Bank of India Thursday said it is closely monitoring the developments in the NBFC sector and will not hesitate to take measures to ensure financial stability.Our investigations reveal that Mr. Kyari has.

As a prudential measure aimed at better risk management and avoidance of concentration of credit risks, the Reserve Bank of India has advised the banks to fix limits on their exposure to specific industry or sectors and has prescribed regulatory limits on banks’ exposure to single and group borrowers in India.

RBI assures all help to troubled NBFCs. The country’s largest lender SBI too said it has been closely monitoring its exposure to the NBFC sector for the past 10 months and taking action as required.. SBI said the overall quality of the NBFC asset portfolio on its books continues to be good.

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