Deepak Parekh, Chairman of HDFC Ltd, India's largest housing finance company, was the guest at ThePrint's Off the Cuff. In a conversation with Editor-in-Chief...
The meeting is likely to be around reviving the economy which is expected to contract by 4.5 per cent in the current fiscal, according to some estimates.
Kanoria said the special liquidity window announced by the Modi government for NBFCs has not helped Srei, adding that banks are still reluctant to lend.
Premiums investors seek to buy AAA ranked 5-year bonds of NBFC lenders over government securities declined in May after gaining for 3 consecutive months.
RBI governor Shaktikanta Das says with inflation falling, there is more policy space available to address growth and financial stability amid Covid-19 concerns.
Yes Bank takeover is first instance of a large bank falling prey to contagion from NBFC crisis that policy makers have struggled to contain for 18 months.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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