No liquidity crisis in NBFC sector: SBI Chairman
Replying to queries on liquidity concerns, triggered by payment defaults by the Infrastructure Leasing and Financial Services (IL&FS), Kumar said the NBFCs have managed to roll over their debts that were scheduled to mature in the near future into new debts.
Nabard Chairman Harsh Kumar Bhanwala said the liquidity crisis may be an issue with some specific NBFCs due to the mismatch in their assets and liabilities but is not a general concern, Image source: Reuters