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The comment comes at a time when there are fears that India may be facing a major crisis in its shadow banking sector after shares of mortgage lender DHFL plunged this week after two credit-rating.
RBI To Enhance Monitoring Of Shadow Banks: Shaktikanta Das The comment comes at a time when there are fears that India may be facing a crisis in shadow banking sector after shares of DHFL plunged.
India’s cenbank to enhance monitoring of shadow banking firms – governor To take steps to maintain financial stability of NBFCs if needed Shaktikanta Das, the new Reserve Bank of India (RBI) Governor, attends a news conference in Mumbai, India, December 12, 2018.
Reserve Bank of India. RBI to enhance monitoring of shadow banking firms: governor. Reuters India – By Promit Mukherjee. MUMBAI (Reuters) – Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector.
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Rbi To Enhance Monitoring Of Shadow Banking Firms Governor RBI to enhance monitoring of shadow banking firms: governor The regulator will soon issue final guidelines for liquidity risk management and will put in place a comprehensive information technology framework to strengthen surveillance of NBFCs.
Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector.
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3 days ago · Governor Shaktikanta Das Wednesday said the Reserve Bank of India (RBI) will not allow any large and systemically important entity from the troubled shadow banking aka Non Banking Financial Company space to collapse.The comments come at a time when a large number of non-banking.
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Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector. "We will not hesitate to take any required steps to maintain financial stability in the short-, medium- and long-term.