Will NBFCs need more capital to support group companies?

Mumbai: Shadow banks never go out of news. Non-banking finance companies (NBFCs) in regulatory parlance, some have run-ins with the regulator, a few struggle to stave off creditors, the bigger ones aspire to transform into banks, and others try to preserve their credit ratings, defend some of the sharp practices of the past, sell loans to generate cash, and raise cheaper money to lower cost of funds. Last week, Reserve Bank of India (RBI)