IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: Fitch Ratings – Firstpost

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IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: fitch ratings business press Trust of India May 22, 2019 16:56:14 ist New Delhi: The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking.

Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on.

IL&FS Crisis May Lead to Consolidation in NBFC sector: Fitch Ratings. Non-banking financial companies (NBFCs) are commonly referred.Check Into Cash – Check Into Cash is your direct lender and one stop money shop for when you need quick cash.

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Last month, Fitch Ratings said the debt crisis in IL&FS had adversely impacted the growth of the NBFC sector in India and might lead to its consolidation. Non-banking financial companies (NBFCs) are commonly referred to as the shadow banking sector.

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The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking. Non-banking financial companies (NBFCs) are commonly referred to as the shadow banking sector

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