RBI Moves Unlikely To Ease Pain For Struggling Shadow Banks: Experts

NBFC's have been battling a credit crunch since IL&FS, or Infrastructure Leasing & Financial Services, collapsed in late 2018 amid fraud allegations.

Banking & Financial Services | | Updated: August 07, 2019 20:21 IST
RBI Moves Unlikely To Ease Pain For Struggling Shadow Banks: Experts

The RBI said it would allow banks to increase their exposure to a single NBFC.